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ImFromTheFuture
Sep 6, 2018 6:54 AM

GBPUSD London open Short

British Pound/U.S. DollarFXCM

Description

GBPUSD will most likely go down after the big move up yesterday hit the important resistance zone

Most likely scenario: GBPUSD has stared a downtrend and could go as low as 1.27 in the longer term

Alternative scenario: GBPUSD could go further up because it won't start the downtrend or it could go higher ro retest the trendline or some other resistance level before going down
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