GBPUSD Short Setup Update

Dec 19, 2016

Hello Traders! GBPUSD appears to be forming a bottom here at the 1.2376/1.2361 support as expected. If we can see some upside and a rally up into the 1.2568 figure we can get short. Hopefully we can see some upside over the next few days. As usual if the trade plays out use a 30-40 pip stop loss and look to get whatever you can on the profit side.