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FUNTRADER-Vera
Oct 9, 2016 1:11 AM

GBPUSD: NO GOOD REASON FOR ENTRY LONG OR SHORT, JUST WAIT ! Short

British Pound/U.S. DollarFXCM

Description

Traders:

Using two trendline to predict GU retracement.
This could also be the opportunity to short it again.
TP 1.2

Less is more!

Comment

even though we dont make a long trade here, but GU obviously find it support at1.21 and make 80pips bounce .

Comment

to see if the closest yellow downtrendline can suppress the price to get any higher.

Comment

Comment

YELLOW DOWNTRENDLINE BROKE
LONG TRADE IN.
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theforexscrub
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FUNTRADER-Vera
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