piphunters
Short

GBPUSD: Resumption of the downtrend? Short opportunities

FX:GBPUSD   British Pound/U.S. Dollar
710 4 24
The pair has broken out of the large weekly corrective structure it was confined to for several weeks, this may well be the resumption of the main down trend and thus it looks good to go short upon a correction to the upside and waiting for a confirmation. If the down trend indeed does resume it would present big downside and plenty of short opportunities in the coming days and weeks.
what a timing... excellent
+1 Reply
piphunters srinivasvk9211
thanks!
Reply
how far will it go mate :) ?
Reply
piphunters janne0536
wait for the confirmation, if the down trend resumes it would mean several thousand pips in the coming months.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out