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MedinaINC
Mar 13, 2019 6:40 PM

GBPUSD Sell your Souls Lads! Short

British Pound/U.S. DollarFXCM

Description

GBPUSD has been in a consolidation period for weeks even months. On the weekly time frame above you can see how the market structure is flowing. Basically tug a war between buyers and sellers.Since we are in consolidation after a massive push downwards, we are expecting price to continue bearish. We finally got confirmation last week with its strong rally downwards from the resistance. I can swear to my deceased grandmother that this pair will go down for the next few weeks. We basically got confirmation now we have to wait for a retest or entry on a lower time frame( Daily/4HR). Be patient my children, but keep an eye out for a sniper entry. If you don't or do agree with me comment down below, forex is all about learning and continuing to learn from others. RAWR XD
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