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XHRISTIE

GBPUSD SHORT

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
XHRISTIE  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade
7
2
trendanalysis chartpattern waveanalysis gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade
Looking for a push further up towards 1.37000 from here we should see a sell off to 1.35000.

Why?

So a lot of retailer are short already (you only need to look a trading view to see this. We closed above 1.365000 so the next resistance zone is 1.37000. A touch towards 1.37 would line up with the top trendline and liquidate retail positions. Currently trading in an ascending wedge which is looking close to boiling point.

- 4:1 RR

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GBPUSD SHORT UPDATE
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