waleedkhan
Short

GBPUSD LONG TERM FORECAST

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             - Long term price forecast (After the dust settles with the Scot vote...)

based on a potential ab=cd setup & the fact that we might see a short term renewed confidence in the cable because of the 'no vote' which will eventually be curbed by the strong usd index...
I agree with you!
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Price might extend to 1.6445 tomorrow, which also happens to coincide with a 61.8 retracement of the bearish pin bar and therefore might be a good place to short...

However if it does extend beyond the that level than the "value box" area might come into play...
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