yin888

GBPUSD: More short opportunities await

yin888 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
1.39 is an area where I'll be looking to short GBPUSD and a successful break below neckline of double top (at 1.3760) will mean much more downside to come. First target would be September 2017 high (at 1.3657)
Comment:
Looking for a pullback to sell here. Same as all other GBP pairs.
Comment:
Not an ideal pullback but 1.3610 proved as a resistance where we can see price rejecting that area. DXY is retracing but Pound seems to get hammered. 1.3220 is next major target.
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