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GBPUSD 15.12.2015 - View For Next Few Days

Short
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
TradingTie  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBPUSD pound Forex Harmonic Patterns opportunity SELL short cable
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gbpusd pound forex harmonicpatterns opportunity sell short cable
Pair fell significantly during the Monday session. Test levels of 1.5220 and start little impulse downside which informed us we can take some short trades. In next hours we expect big decline of 50 pips at least. On blue trend line price will be supported as well, but not for long. Our first target is over 1.4960, when price reach levels probably we will close our trades and will start looking for buys in pound vs. dollar. Also EUR vs. DOLLAR is @ strong resistance level over 1.1050. We don't expect weak pound, we expecting strong dollar.

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