dnsmith

GU Short Move Incoming

Short
FX:GBPUSD   British Pound / U.S. Dollar
GU Struggled to make a hard reversal last week, but finally started showing the signs.

We are seeing it test and retest the resistance zone, but once it breaks down, this trade will move down hard.

Whilst I trade trend analysis, Brexit will be a major factor in this pair - watch for fundamental noise and volatility. Any chance to cover positions in profit will be a smart move for this pair.
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