FX:GBPUSD British Pound/U.S. Dollar
This is the best set up ever. The market is below the 200ma thus confirming that the market is on a strong downtrend. We are experiencing some pullbacks on the 20ema. The is on the oversold. The market is geting ready to continue with downtrend. I am take a short position targeting 30 pis or take profit when gets to the over bought. Stop loss can be placed at the 200ema
Trade active: The trade is running smoothly. Do not exit the trade before our targets are achieved.