GBP/USD (*Bear in control but watch out 1.32 region)

FX:GBPUSD   British Pound / U.S. Dollar

Now,it is under the bear influence for sure.
The only thing that Bull can look out for is 1.32 support region. So, we need to see if it holds.

In the short/mid term, I suggest you not to have high hope on the long/buy side just yet.
We have to see a lot of swapping first before it can start to turn bullish .

Until then, I am slightly bearish on GU.

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What do you mean when you say:"We have to see a lot of swapping first before it can start to turn bullish" ?
SonicDeejay chaosbegone
@chaosbegone, That mean, it can swing up/down big time before it establishs the trend.
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