holywoood

GBPUSD SELL NOW (short-term sell 4H)

Short
FX:GBPUSD   British Pound / U.S. Dollar
The pair reached the top of the channel and I am expecting 50% pullback before it may brake the channel above. Pair also bounces from the resistance 1,3900 and strong last week and current pivots therefore it will be difficult to brake it further. OBV is below the 200 EMA which gives negative sign here. GBP economic data was quite week this week so I see no sense to the current move upwards as well. Let's make some pips!
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