TiborVrbovsky

GBP/USD - Short setup

Short
TiborVrbovsky Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hey, I am back with another forex setup, today looking at GBP/USD.

GBP/USD, the rollecoaster pair, lets try a short here.

Enter short
1.26600 - 1.26800
Take profit (60 - 90 pips)
1.26000 - 1.25900

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Comment:
Well this is unfortunate, while I was making this Technical analysis the price has dropped almost all the way to the Take profit level, here is a 5 min chart.

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