HutsonBay
Short

GBPUSD Short - 4 Hr Breakdown

OANDA:GBPUSD   British Pound / U.S. Dollar
Morning Guys
I have been shorting GBPUSD from the 1.41 range as the overall momentum on the daily chart has been so strong.
Looking at the 4 hr chart, there are still more short opportunities.
We are breaking into the next supply and demand zone (I am wary of the number of downward waves we are seeing, but placing a stop above the current directional trend line ), and my TP1 is at a key fib level. TP2 is at the next supply zone .

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