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KarYong

GBPUSD: An alignment of both Fundamental and Technical aspects

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
KarYong Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD swing Fibonacci FXP
10
1
gbpusd swing fibonacci fxp
Last week BOE meeting was dovish which sent the GBP lower. This was coupled with a very positive NFP results. Looking at this pair, we do see an alignment of both technical and fundamental aspects.

Hence we will be keeping a close watch at the 1.5255 region for any shorting opportunity.

Check out the mid week analysis video here: www.youtube.com/watch?v=i87X0CSB...
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