Direction Short, first station 1.60 :P

FX:GBPUSD   British Pound/U.S. Dollar
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In addition to my previous posts that are running perfectly i would like to post what i see now on the graph... and its nothing else but a confirmation that the targets from my previous posts will be reached. ( i will add the posts in comments)

On weekly basis we have a nice hammer with short direction, fallowed by a daily hammer , moreover on daily basis we have a pattern called hanging man that shows as also short direction. It is a mater of time till we will go down... patience.

These are all fib Lvl             that where respected perfectly.. for those that like short term trades.

Fundamental analysis , as i think everyone knows, is pro USD... and this pair is the one that still has the biggest potential for shorting. we are still to high, the movements of the USD index should have a resonance in this pair.
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