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ppp7

Intraday Short play for the GBPUSD - May the selloff continue

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
ppp7  
FX:GBPUSD   Livre sterling / Dollar américain
USD (US Dollar) GBP (British Pound) USD cable pound britishpound british britain DJ FXCM Index dollar short shortplay PLAY trading daytrading daytrade DAY daytrader swing swings swingtrade swingshort swingtrading swing-trade swingtrader fx Forex pips PIP fib Fibonacci forecast predict predictions prediction money forecasting anticipation WIN PRO winning professionalism levels downtrend down downward downside trend trends trendtrading Trend Lines trendcontinuation trendfollowing trendyprofits
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usd-us-dollar gbp-british-pound usd cable pound britishpound british britain usdollar dollar short shortplay play trading daytrading daytrade day daytrader swing swings swingtrade swingshort swingtrading swing-trade swingtrader fx forex pips pip fib fibonacci forecast predict predictions prediction money forecasting anticipation win pro winning professionalism levels downtrend down downward downside trend trends trendtrading trendline trendcontinuation trendfollowing trendyprofits
Again I'm a little late posting this trade because I was abit busy doing other things but I am already in trade few hours ago.

The rationale is very similar to my GBPUSD Short play on the daily but this is broken down on the intraday level.

I am aware alot of people were either long or bullish biased but I knew the uptrend momentum has already faded as explained in the GBPUSD Short play on the daily chart.

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