GBPUSD Short 1 Hour Chart Short

British Pound/U.S. DollarFXCM

Description

⋅ Feb 16, 2017 10:58 AM

GBPUSD Testing the 0.5 fib overbought on the RSI which it has been respecting at 70.0, Recent dollar weakness now gaining back strength so i think we will see a continuation of its downward trend. Entry 1.251 SL 1.2554 TP 1.243