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velmunis

GBPUSD sell trade

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
velmunis Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD gbpusdshort gbpusdsignal gbpusdtrade gbpusdanalysis gbpusdidea gbpusd_forecast gbpusdsetup gbpusdbuy
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trendanalysis chartpattern gbpusd gbpusdshort gbpusdsignal gbpusdtrade gbpusdanalysis gbpusdidea gbpusd_forecast gbpusdsetup gbpusdbuy
GBPUSD

The pound is under selling pressure its lost almost 1000 pips against USD

We can expect further downward movement in coming days

Suitable short positions may open at 1.17690

Potential take profit will be 1.13450

Stop lose may placed above the topside resistance zone which is 1.19480

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Trade active:
Its now running with +80 pips
Trade active:
It's now running with +250 pips
Trade closed manually

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