Joe_Keegan
Short

POSSIBLE BEARISH CONTINUATION GBP/USD

FX:GBPUSD   British Pound/U.S. Dollar
Non farm payroll last Friday pushed the pound slightly higher against the dollar last week however the market still gaped lower on the open earlier today. There is still weakness in the pound leading into brexit later in the month and i see a possible bearish continuation on the cards after the market comes back up a bit further to fill the space left from the large gap. With the market touching 1.44965 area could see a rollover to the 1.27 extension at 1.42878. This also could lead to a break of the next trend line and continuation to retest previous lows.
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