Saturday, March 8, 2014

GBP/USD Short Trade to expect next Week

GBP/USD Short Trade to expect next Week

[caption id="attachment_7174" align="alignleft" width="300"]Trading GBP USD GBP USD Trading[/caption]

GBP/USD Short Trade

After small drop of price (Red trend line), Buyers try to bring GBP USD price to last high. They actual fail to make a double top at 1.68points , and get stock between 1.675 and 1.670 area. Waiting to sellers break my "Green Trend LIne", and go for 1st, 2nd and 3rd target easily. After what GBP USD price should consolidate for new direction.

GBP/USD Short Trade to expect next Week



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