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Mike-Hovis

Possible Bear movement on GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mike-Hovis Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
1
6
trendanalysis
Long term trend using 200 EMA is down. Price has gone up to hit 50% Fibonacci level and then reacting with a possible view to turn to continue trend back down.

Let me know any feedback you have. :)
Comment:
Obviously requires confirmation on price action prior to entering.
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