Possible short trade setting up on GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
The pound has been showing weakness due to Brexit negotiations. The downward trade will continue until an agreement is worked out. Last weeks push up was a combination of a pullback on the dollar and a positive statement from Michel Barnier. The Dollar may continue long this week giving us good reason to short this pair. If you decide to do so remember to let price break down before getting involved

This is not investment advice.

Steve Nixon
Trainer & Mentor

Short-term volatility with the upcoming GBP inflation report hearings may also produce a good short entry.
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