TradingWITS

Possible rejection and continue short

TradingWITS Updated   
FX:GBPUSD   British Pound / U.S. Dollar
I like the idea of price coming up to 1.238, then i think we will see a rejection from this level with a continue short.

Daily and weekly both in a down trend, I see a good 4h counter trend move up to 1.238 and then as mentioned before a rejection from this level with a good short opportunity
Comment:
Notice how price just pull back nicely into the 20ema on the weekly chart before coming back down
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