GBPUSD Second Try at 1.3000

British Pound/U.S. DollarFXCM

Description

⋅ Jan 23, 2019 6:16 AM

Short bias on GBPUSD as experienced a second tap of 1.3000 which is also a Fib extension on the daily. In addition to that we experienced a 3 pin pattern on the 4H which provided the final confirmation to go short and ride this one down once again.

Trend Analysis