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sfcahya

PRESSURE DROP LOOMS POUNDSTERLING

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
sfcahya Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns SELL down pound GBP USD
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trendanalysis chartpattern sell down pound gbp usd
GBPUSD is under pressure to go south.. under MA 20 in support, with consolidation of candlestick

SL arround 1.37000, Target arround 1.35000.
Trade active:
set stop loss to lock profit/BEP.

price go south but it still in demand area.. so beware of buyer pushing up and close above 1.36500, it can be bullish
Trade closed manually:
seller can't push price deeper
Comment:
Open 1.36500.
Drawdown 1.36650.
Closed profit 1.36400 (100pips/0, 5%)
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