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Mihai_Iacob
Dec 8, 2020 7:51 AM

GbpUsd- New leg down? Short

British Pound/U.S. DollarFXCM

Description

After reaching and spiking above 1.35 resistance, GbpUsd dropped hard yesterday with an intraday low at 1.3220. The pair managed to recover most of the losses and finished the day at 1.3374.
A new leg down could be in cards for Gbp and this would compleat the correction under 1.32 zone.
I'm bearish on short term as long as the price is under 1.3450 zone
Comments
KlejdiCuni
Great technical setup!
asadmalik
Have you Telegram Channel Sir
Mihai_Iacob
@asadmalik, Is in signature
Fisher_Fx
Good work bro.
Mihai_Iacob
@Fisher_Fx, thanks! let s see now...
I m short, gbp is li'l crazy these days though
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