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alexkyp
Jan 20, 2019 3:18 PM

GBPUSD potential SELL Short

British Pound/U.S. DollarFXCM

Description

-The upward trend for the pair has ended around the 1.3 area now with a downward move that broke below the fibonacci support at 1.29 the door open for the 1.28 are and then the 1.2750 where the 200 EMA is currently.
-The pair bounced at the 50 EMA but if the US Dollar continues to strengthen we can expect it to break the 1.850 area
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