Further downside on the horizon?

FX:GBPUSD   British Pound/U.S. Dollar
45 0 2
a year ago
BOE dovish, Fed hawkish and with a rate hike back on for December, the old lady will most likely tumble further.

We should go into consolidation mode today before resuming the down trend. Market will most likely test the 1.5100/1.5200 levels first.
a year ago
Comment: High of 1.5145 reached
a year ago
Comment: High of 1.5186 reached - price action behaving as predicted.
a year ago
Comment: 1.5194 hit. Will consider entering a short, will wait to see what happens at the London FIX time.
a year ago
Comment: Entered Short at 1.52.40 with stops at 1.5300 - TG area 1.5000 then 1.4800

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