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Mihai_Iacob

GbpUsd- to maintain its range

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Mihai_Iacob  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdforecast
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdforecast
After reaching a local high at 1.4250, GbpUsd corrected around 500 pips and found support in 1.38 zone
The pair is trading in a very well-defined range now and I expect to continue to do so.
1.4 zone is resistance and, in my opinion, this resistance should be sold
Only GbpUsd back above 1.41 would negate this scenario
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