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PontusTrader

GBPUSD high probability short on upper channel resistnace

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
PontusTrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Supply and Demand GBPUSD cable
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supportandresistance supplyanddemand gbpusd cable
I see some strong resistance coming up, perfect place to take a high probability short.

Will monitor this one and am looking for daily price to breach upper Bollinger band by as much as possible.

Here is a closer view with the trade plan removed for more visibility.
snapshot
Comment:
Entered a bit earlier than the trade plan price, still confident in the play. Will be surprised on a major break out to the upside!

Chart update.
snapshot
Comment:
Nice move down today - especially the pullback rejection shows unveils alot of underlying weakness.

snapshot
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