GBP/USD Intraday: under pressure.

British Pound/U.S. DollarFXCM

Description

⋅ Apr 5, 2016 11:56 AM

short positions below 1.4280 with targets @ 1.4185 & 1.4140 in extension.

⋅ Apr 5, 2016 3:47 PM

hit our 1st level at 1.41850, hit our 2nd level at 1.41400. this will have some pull back and then drop to our 3rd level at 1.41050

Comments

Trading-Log

⋅ Apr 5, 2016 12:11 PM

this graph shows that there is going to be a retracement to 1.42333. when it hits this resistant level it is likely to short down to 1.41850

bongs1986

⋅ Apr 5, 2016 11:58 AM

what???

Trading-Log

⋅ Apr 5, 2016 12:12 PM

this graph shows that there is going to be a retracement to 1.42333. when it hits this resistant level it is likely to short down to 1.41850