ZeusChainlink

GBP/USD - Large Specs Short - Sweep Highs

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Large speculators have been building short positions, and i really dont think they are done until they sweep these highs.

Trend line resistance
Daily resistance
200 Week EMA

Comment:
Also, i think the key to trading is not caring if this plays out. Its just an idea, but im going to trade whatever the chart presents, level to level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.