Fridrex

10-14 May GBP/USD sell idea

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Last week GBP was rising because of weakness of USD. We hit 1.40 resistance level and fell below. Last time when this happened GU fell to 1.3685. I will sell this with target on channels bottom on 1.38. We're waiting for high volatility next week referring to GDP and a lot of bad news for GBP. Feel free to short this one, but set your stop losses above 1.4020. GL & HF
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