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dmelchiades

GBPUSD towards 1.2100?

British Pound / U.S. Dollar (FX:GBPUSD)  
dmelchiades  
FX:GBPUSD   British Pound / U.S. Dollar
gpbusd USD GBP dailychart
3
0
gpbusd usd gbp dailychart
Since July 2014 that GBP is bearish against the USD. It fell from 1.6800s to the 1.1800s in October.
The Uptrend from October was broken today (15/12) and it could lead to a fall towards the next short-term support area, over the 1.2100s.

Short Position 1.2550
Stop Loss - 1.2630
Profit 1.2350 to 1.2100

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