GBPUSD SHORT Short

British Pound/U.S. DollarFXCM

Description

⋅ Aug 25, 2016 5:20 PM

Here is a current short position I have open on GBPUSD. A fourth lower high formed on the 4HR timeframe indicating high selling pressure for the pound. Stop loss above the daily high and take profit at a near support level.

Comments

fxmatrex

⋅ Aug 25, 2016 5:24 PM

Nice trade analysis Sean. Keep it up