GBPUSD Two Short set-ups for GBP
GBPUSD
Sterling pinged off the next blue line at 1.4317 and leaving
pins on the daily chart - like a crypto in super-slow-mo - this
is moving at one frame per second compared to crypto-world
rate of speed at 240 frames per second - same fractal/ratio.
Although GBP is sitting back on the nearest support it doesn't
look likely to create much of a rally, just a bit of bear closing.
Eventually 1.3832 should give way and it will fall to 1.3633, a
200 pip short when triggered. It may fall further still, to
1.3480. Two potential short trades here, trades, one for 200
pips and second for 150
Sterling pinged off the next blue line at 1.4317 and leaving
pins on the daily chart - like a crypto in super-slow-mo - this
is moving at one frame per second compared to crypto-world
rate of speed at 240 frames per second - same fractal/ratio.
Although GBP is sitting back on the nearest support it doesn't
look likely to create much of a rally, just a bit of bear closing.
Eventually 1.3832 should give way and it will fall to 1.3633, a
200 pip short when triggered. It may fall further still, to
1.3480. Two potential short trades here, trades, one for 200
pips and second for 150
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