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BalticForex

GBPUSD - Short Idea

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
BalticForex Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdidea gbpusdtrade gbpusdsell gbpusdsetup
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trendanalysis indicator waveanalysis gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdidea gbpusdtrade gbpusdsell gbpusdsetup
GBP/USD has been rising steadily since early March after bouncing off technical support, but now sellers could retake control of the market. We have a few strong resistance levels at 1.252 & 1.266 and a few strong support levels at 1.182 & 1.174. So it's a perfect risk:reward ratio for a sellers.
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