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AlexxChan
Feb 23, 2016 7:35 AM

GBPUSD waiting for a break of 1.41036 to reach lower lows Short

British Pound/U.S. DollarFXCM

Description

With large amount of insecurity and uncertainty surrounding GBPUSD, my bearish sentiment on GBPUSD is at 99.9%. With that being said I expect 1.41036 to break, retest then make its way to 1.39426 as its next target.
Comments
mp4mp5
it breaks 1.39426, falling down to 1.3770?
AlexxChan
Im going to wait to see what it does, it might move sideways a bit before making a next move
AlexxChan
Haha really hitting the mark lately with my analysis
mp4mp5
Yeah, i saw that.. 1.377 possible the next ?? Question is when?
AlexxChan
most likely
mp4mp5
can sell now? it's up a bit ... 1.39115 Any retest level?
AlexxChan
Yeah I think you can sell now, there's a small bullish engulfing candle on the 1hr timeframe. It might hit 1.3881 and have a minor bounce off there
mp4mp5
Seems like it bullishing now... wait and see
AlexxChan
It's only a retracement right now, it should go down later on in the near future. However there is news that's going to affect the pair in about an hour and at 8:30am est
mp4mp5
Where can i get the news? Can share please? =)
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