Forex_Yangon
Short

British Pound/ U.S. Dollar

FX:GBPUSD   British Pound / U.S. Dollar
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1
146 4
Go SOUTH
160 Pips Expected
what is your opinion at the moment?
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do you think it will go down to 150? or even lower?
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It has not break the channel yet, watch closely on the candlestick formation.
Possibly it will rallies by the channel line and drop eventually down to target or it remains in the channel and goes back up., again will have to see what happens in a few hours.
Watch closely for the indications of the candlestick formations.
It won't go Lower than 150 pips down, perhaps it seem to be a very strong weekly support level.
Even if it going to break that level it will take a few more days to do so by getting into consolidation.

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danndc Forex_Yangon
could you please keep me updated in order to be able to close my trades? do you think it could go to 150 if it breaks the channel?
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