GBPUSD, D, Watch out for the channel break outs Short

British Pound/U.S. DollarFXCM

Description

⋅ May 9, 2017 9:52 PM

Ideally, I would like to see the move back to the 200 MA, but of course, the market has a mind of its own.
You could try and take a few positions within the channel, but it could prove to be tricky.
Could be ideal for very short-term positions.