Fiiyat

***GBPUSD short POTENTIAL***

Short
FX:GBPUSD   British Pound / U.S. Dollar
I have mapped out RED confluence zones where price can reverse short term. These zones are also known as Daily Demand and Supply Zones.

I believe price will continue its downtrend within the Trends lines mapped out in black. There is also a dynamic trend line that has so far been respected which is the Green 21 SMA .

Price is currently in a RED Supply Zone and also touching the 21 SMA . There is strong potential for price to drop.

I am just waiting for some confirmation from the 4hr candles.

Feedback is welcomed

R

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