Willpower87
Short

Update on GBP short

FX:GBPUSD   British Pound / U.S. Dollar
Governor Powell provided the fire power for the USD last night. Hawkish comments on the probable path of US interest rate rises.

GBP is getting sold off. Sitting on 50 SMA (4h) right now, immediate trend is definitely downward, below 50 SMA will quickly descend to 1.5640-1.56 region.

US Final GDP is the focus today, a positive final result would be a great surprise to many.

Just took 1/3 profit and moved stop to 1.5780, might add shorts if breaks below 1.57
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