11021992
Short

GBPUSD short entry at the 61.8 retracement

FX:GBPUSD   British Pound/U.S. Dollar
Hi all,

For next week on the GBPUSD             I am looking to enter a short position around the 1.435 area.
This area is the 61.8 fib retracement of the move down in februari and also has some support & resistance in the past.

Targets and stops are in the chart.
Stoploss is about 60 pips above the entry point; just above the closing candle of two weeks ago.

Best of luck!
Feel free to send me a PM if you have any questions!

This week's song (UPDATED ON 16TH OF FEBRUARY): https://www.youtube.com/watch?v=WZMLryxx0Vc

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