GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 26, 2021 10:34 AM

Time Frame: 4H
Symbol: GBPUSD
Bias: Short

GBPUSD is currently heading upwards but the upward movement is not fueled by strong momentum which is an obvious sign of falling down. We expect GBPUSD will have a sharp fall after retesting the resistance level.