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Mark_Langa

GBPUSD H4 Potential Shorts

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mark_Langa Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Supply and Demand GBPUSD SELL short
2
0
supportandresistance supplyanddemand gbpusd sell short
Looking for potential shorts on GBPUSD.
A downtrend is potentially forming, therefore shorts are on the cards.
The next impulse move should move price to 1.3700 - the 23.6% extension.
Consider recent USD fundamentals, as well.
Comment:
Price has reached the 0%.
Now we wait for a push to the downside.
That's about 100pips away.
Comment:
Price pushed lower ahead of NFP and was only 30pips shy of Take Profit.
Trade closed manually
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