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IkanBilisCapital

GBPUSD to retest the 1.38 level

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
IkanBilisCapital  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD Forex forexsignals forextrading
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trendanalysis chartpattern indicator gbpusd forex forexsignals forextrading
The pound dollar looks ready to retest the 1.38 level as the downward correction looks set to continue.

BEAR CASE
If the 1.38 level falls to hold the next level we are looking at is around the 1.37 level to hold.

BULL CASE
The 1.38 area looks like a strong level to bounce off for a longer term uptrend.
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