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Mihai_Iacob

GbpUsd- waiting for a clear sell signal

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdsetup
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdsetup
GbpUsd dropped yesterday under 1.3 and, like EurUsd, has managed to recover some losses and is trading now again above this important figure.
The overall structure for GbpUsd is bearish and, with DXY preparing for rallies, I expect lower prices for this pair also.
I will look for opportunities to enter short and my soft target is 1.2850 support
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