BennettTrades

GBPUSD were looking at a short!

Short
BennettTrades Updated   
FX:GBPUSD   British Pound / U.S. Dollar
If you stay up to date with my analysis's this week has been very good for me. Yesterday I posted a free signal for the short downtrend on gold. I woke up this morning to gold hitting my first take profit! Very happy with my progress. Other than that currently on GBPUSD price has just touched a key resistance zone. It has now started the down trend and has already retraced into my golden range for fibonacci. I believe were looking at a good take profit at my fibonacci extension level. Even if your late to this trade there is still money to be made I believe. This is my prediction it can be wrong but it is what I am going with. Let me know what you think below.
Comment:
Fortunately had a tight stop loss and didnt lose a lot from this trade but you learn something new from every trade.
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