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Dorito123
Jul 4, 2016 3:34 AM

Classic Short Setup (GBP/USD)  Short

British Pound/U.S. DollarFXCM

Description

FX:GBPUSD

Post Brexit GBP has been extremely choppy, Recommend entering with a conservative amount due to the high risk exposure.
Long Term Target : 1.0500
Stop loss : 1.4200

- Potential 'Last kiss Strategy' Setup
- Retest of the 0.38 Fibonacci retracement
- Retracing to the nearest resistance line at 1.38700
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