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Jan 2, 2019 6:52 AM

GBPUSD Potential Bearish Butterfly and Short Opportunity Long

British Pound/U.S. DollarFXCM

Description

Cable is trading above 1.27200 key support.
The bullish move will continue as long as Cable holds above 1.27200.
The first strong resistance resides at 1.28200. A clear breakout of 1.28200 would carry the price towards 1.28800
We will look for a short opportunity at D.

Please note: This is not a call for Long.
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