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scandicfx
Feb 15, 2017 9:30 AM

GBPUSD : High Probability to Retest Previous Decision Point Short

British Pound/U.S. DollarFXCM

Description

A strong support level at 261.8 Fibo level, where it pullback and create reverse flag pattern.
I will hold my current short position minimum at first DP, I will monitor during news. If the impact is big, the price may break first DP and go further down to next DP (Strong Key Level).

Good Luck.

Trade closed manually

I believe... Yellen speech take the reverse side of the move.
I would close this position
Comments
scandicfx
Now on the move heading down to 261.8.
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