848evo
Short

GBPUSD Still in a Strong Fall

FX:GBPUSD   British Pound/U.S. Dollar
31 0 0
As you can see, GBPUSD             has fallen to retest a strong support line and it had a nice bounce, but bears has put enormous selling pressure and it doesn't look like this 2nd retest of the support level will hold. If PA can break this support level , I would expect to see a quick retest of the broken support level followed by a drop to the 272 level before bouncing and finally dropping to the lower support level .
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