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AlexxChan

GBPUSD continues lower

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
AlexxChan Updated   
FX:GBPUSD   British Pound / U.S. Dollar
sterling GBPUSD short swing Fibonacci Retracement priceaction signals analysis alexchan
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sterling gbpusd short swing fibonacciretracement priceaction signals analysis alexchan
With GBPUSD breaking pass 1.39426, (an area acting as high level of support). The sterling seems like it is on track towards breaking its 2009 low. Right now I expect the pair to retrace back up to around 1.39200 before heading down lower to around 1.37800
Comment:
Good time to short?
snapshot
Comment:
Sterling currently hovering above trendline. There's a possibility that it may go higher.

snapshot
Comment:
New Play
Pennant forming on GBPUSD
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