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Short

GBP/USD: Brearish Outlook.

FX:GBPUSD   British Pound/U.S. Dollar
GBP/USD             Pair is looking bearish . That's why I still looking for short postion in this pair. 1.4980 - 1.5010 zone is behaive lika a strong resistance for this pair and 1.4850-1.4840 zone is behaive like as strong support for this pair. If break this pair I hope our next target is 1.4698 level, 1.46330 level and 1.44890 level. I hope this pair touch those level.

We can take short position between 1.4980-1.5010 zone and out stoploss is 1.5080 or 100 pips. Or we can take short positon after break this 1.4850-1.4840 zone and out stoploss is near swing high point or 50 pips. Lets see what's happen.
Best of luck and happy trading.
Who follow this chart, moves your stoploss at breakeven and secure your profit.
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