sufiansaid

Shorting GBPUSD Trading Idea

Short
FX:GBPUSD   British Pound / U.S. Dollar
I am expecting the Brexit No Deal issue will sooner or later pressure the sterling and also the issue about renewing Carney "reign" at the BOE. Technically, I believe GBPUSD is in a downtrend. I will short GBPUSD if I see a Bearish Engulfing Candle or Dark Cloud cover in one of these levels I've marked with red arrows. Target(s) are based on the average daily projection low (85 pips)

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