GBPUSD SHORTS Short

British Pound/U.S. DollarFXCM

Description

⋅ Aug 25, 2016 5:11 PM

A fourth lower high formed on the 4HR chart of GBPUSD, indicating high selling pressure for the pound. Here is a current short position I am currently in with the stop loss above the daily high and the take profit at a strong support level.