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owlswift_fx

3 Reasons to Sell GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
owlswift_fx Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdshort gbpusdanalysis elliotwaveanalysis
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trendanalysis chartpattern waveanalysis gbpusd gbpusdshort gbpusdanalysis elliotwaveanalysis
The chart speaks for itself, but I would recommend waiting till after the GBP BoE's Governor Speech at 5pm GMT for a clearer confirmation for the SELL setup.

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Comment:
GBPUSD is making its final move to the upside around 1.2400 - 1.2420 where our sell begins. Look out for selling opportunities around that region.
snapshot
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Trade active:
Our buy setup to 1.2400 is still active. Join the train at the zone indicated in the chart below for a ride up to 1.2400 where we are going to look for confirmations to sell GBPUSD.

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snapshot
Trade active:
We are gunning for 1.24000
Trade closed manually:
GBPJPY is already set to go down, and I think GBPUSD would do same
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