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GBP/USD: Short about to rollover

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
WallStreetIntelligence  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdshort Forex majors POC BOS swinttrading swingtrade
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trendanalysis chartpattern waveanalysis gbpusd gbpusdshort forex majors poc bos swinttrading swingtrade
GBP/USD: Short about to rollover

> Price at upper end of overarching bearish trendchannel
> Break of inner bullish trend to the downside
> LL-LH-Sequence
> POC above current price
> General USD-strength ahead of NFP on Friday

Generell USD strength after strong ISM data. Short move likely. Only event risk: NFP on Friday.

As always: Manage your risk, especially during the summer months.

Meikel & Team WSI
Website: wallstreet-intelligence.com

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