UnknownUnicorn15614419

GBPUSD: should we expect a trend reversal?

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
The pair has maintained a strong growth since November last year. The basis of this growth is corrections, which account for about 60 +% of the upward movement. Recently, the price just touched the high of 1.395 and pulled back to the level of 1.384, which just made up about 60% of the volume. So the next price move is a new growth after which a trend reversal is likely to occur. The intermediate point of the movement is 1.398, the final one is 1.384.
SL - 1.402.

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