Long then short for GBPUSD

٢٢ أكتوبر ٢٠١٧

After making a downside impulse the pair is correcting. First, we are going to look for one more move up to finish the last leg of the correction. After the pair goes beyond 1.3350 we will look for trades down as per our strategy.

Generally we anticipate a huge move down that might test 1.25 area. Possibly it could happen this year.