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OAKS
Aug 2, 2016 6:19 PM

short below the resistance Short

British Pound/U.S. DollarFXCM

Description

short with this resistance line, with tight SL1.3385
Comments
OAKS
there might be 100 pips room below, but i am going to Tp ALL here, 1.3020.... then look for chance to buy.... now the situation is mixed for this pair, US rate hike will be speculate in the coming days, while GBP pen the gate for rate cut now.....However, GBP is heaving oversold after Brexit is also a fact......and behind all this things, where is the value of GBP is the most important thing. So , i would be waiting for some time for GBP data, if data comes not so bad, and i think that is time to buy this pair and keep it...this pair never go so low in its history
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