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Mihai_Iacob

GbpUsd could drop from resistance

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal signals signalservice signalprovider
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal signals signalservice signalprovider
September was an incredibly bad month for GbpUsd with the pair dropping around 1400 pips.
However, after the spike low to 1.0350, the pair reversed strongly and now is facing important 1.15 resistance.
Although 1.03 can be the bottom, at this moment a correction could follow.
Sell around 1.15 is my strategy with a target of around 1.12
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