FX:GBPUSD British Pound/U.S. Dollar
GBPUSD is dropping to potential . We can identify two previous supportive bottoms after the Brexit from the chart. I don't mind open a small long position now around 1.29839. Watch close to the price action and stop loss is below prior low. The first price target is around 1.33204.
Comment: And it's in the oversold zone so aggressive trader could bet for a bounce back. Trade with close stop order since it's still in bearish trend.