Change in trend for GBPUSD Short

British Pound/U.S. DollarFXCM

Description

⋅ Jun 9, 2014 10:36 AM

LT 129 pips GBPUSD nearly reached 1.7000 before making the current correction. The rising trend has been getting progressively weaker. GBPUSD could have reached a temporary top. For the time being I am taking a play on the bearish trend