Petr Suchanek
Short

GBPUSD opportunity to go short

FX:GBPUSD   British Pound/U.S. Dollar
385 1 0
GBP is approaching a psychological level. Since it bacame overbought, there is a high potential for significant downmove. Any kind of weakness around 61.8 Fibo retracement level would be favoured to go short from here.
BUT! Do not remember, GBP is still strong, so the short setup needs a quality confirmation.

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pradafx
3 years ago
NIce Analysis Mate. Where to from here ??
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