SuperForex

The pair has not recovered from losses

Short
FX:GBPUSD   British Pound / U.S. Dollar
On the chart we see an increase in the reserve currency, and after the opening of the trading on Monday with the GAP, the pair could not win back its positions.
For the moment, the pair has found support level at 1.2850 mark and has pushed against it. We believe that the upward movement occurs within the framework of correction.
Therefore, we advise you to look for points for entering short positions and to set TP at the marks of 1.2850 and 1.2810