FXbanksy98

GBPUSD - Short setup

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
I am looking at the current fundamentals that are driving the pounds weakness and will be shorting once price has broken the nearest support fib level. The stochastic is oversold but this will mean it will continue its downtrend if market conditions qualify this. There is room for more downfall on the Bollinger bands.

Still, I will need to wait for the signal to sell.

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