TomProTrader
Short

GBPUSD: Bleak Outlook, Shorts Taking Over Pair #Forex

FX:GBPUSD   British Pound / U.S. Dollar
332 1 9
Traders

Shorts are in play now. We may see a PULLBACK and some rangebound junk before shorts continue in this pair (Weekly marabozu seems a little over-extended so pullback is routine)

But as you can see this is a very good short to take.

Best of luck
Tom

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The weekly might offer an entry into the quarterly/monthly that I posted.



Potentially a very significant longer term decline ahead.
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