gabanig

GBP/USD going short next week

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
I'll be looking to short G/U if I see several rejections from S&D zone 1.38634 or 1.38038. The reasons; there a break of structure to the downside, the market is bearish for couple of weeks, there are unbalance underneath and price need to mitigate the previous S&D zone at 1.36635. All these confluences gives us a strong indication that the market is moving south for the time being.

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