vlad.adrian

GBPUSD - Likely to play catch up

Short
FX:GBPUSD   British Pound / U.S. Dollar
15
I was a bit off with the top forecasting, but that top did come a few weeks later. I missed the boat. However, on 22 of September, after the Scottish referendum the British pound offered a new shorting opportunity with that huge bearish candle. I shorted right there, and I will short again on Monday morning.

I'm not sure about how far this pair can fall, but almost certainly, 1.6000 is going to be tested soon.

Weekly picture here
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.