Petr Suchanek

GBPUSD bearish outlook

FX:GBPUSD   British Pound / U.S. Dollar
282 2 0
GB             looks bearish to me and it keeps rejecting the weekly pivot . Now the price is just at the 61.8 Fibo retracement level, which is a nice level for shorts. I outlined two possible scenarios, but personally favour the first one. If the current hourly candle closes as a shooting star , it might be the right confirmation for the trigger short.

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So I was right :)
I think $ will loose value due to the agreement they've reached and by increasing it's debt limit, I think pound will get stronger against dollar
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