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GBP USD 17-6 Analysis

Short
FX:GBPUSD   British Pound / U.S. Dollar
Pound Sterling fell sharply Yesterday due to concerns over the absence of a Brexit and the strength of the US dollar.

Pound US today's fluctuation range is 1.23450-1.24650.

In a strong downtrend, stoch showing a over bought signals in a strong down trend which is a great edge, and just reach 20ema at 1 hr chart


Need to attention later News : CPI
The intraday trading proposal is short on the rallies below 1.24400. If price break below 1.24000 and our next target would be 1.23650.



*This is based on current market conditions which can change at any time. All trades taken at your own risk.

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