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FreeForexSignals4u
May 4, 2016 5:31 AM

Short GBP/USD  Short

British Pound/U.S. DollarFXCM

Description

After the UK manufacturing PMI slipped into contraction and the refferenum getting closer I expect to see the GBP/USD return to the downside. The technicals suggest a 50% fib pull back is on the cards and that is what I will use to enter this trade. Using above the 76% as a stop loss and the previous strong resistance level at 14400 as my take profit
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