hsa2501

GBPUSD the bulls are in but for how long?

FX:GBPUSD   British Pound / U.S. Dollar
For a few weeks now we have seen cable on a bullish streak, after a very very long downtrend. I am bullish on this pair but it may be in a rocky channel. i will wait to see how price reacts at 1.28000 if price breaks and all goes to plan i would collect profit at 1.29500. For now i will wait. If price reverses early i see price going to 1.26500.
Comment: Just entered a short right now!
Comment: I don't see price breaking 1.27700 anytime soon. so short