FXBanker
Short

GBPUSD - Bearish Outlook

FX:GBPUSD   British Pound / U.S. Dollar
59 0 4
GU showing signs of a medium term downtrend.

Previous downtrend seemed to be broken but im getting a different picture (atleast for a short term) .

Look at higher time frames and it looks like a Triangle settling so the down move might be contained in that.

Nevertheless I will wait for retest or enter aggressive with a small position.
Comment: Entered aggressive on Monday, now expecting a small pullback but should be heading lower
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