Trading2ez

GBP/USD and potential SELL

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hey tradomaniacs,

GBP/USD is is still in a downtrend and shows weakness the closer we get to the key-resistance-levels.
After the end of the previous correction and pump of POUND vs USD we might see another rally to the downside as soon as the previous high gets confirmed as a lower high.

More bearish confluence could force buyers to give up in order to secure their profits with the next momentum to the downside.




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Peace and good trades
Irasor

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