Anbat

GBPUSD- Bearish Next Week!!

Short
FX:GBPUSD   Livre sterling / Dollar américain
2
Because of Brexit vote that will be held of June 23,2016- pairs will have high volatility. My opinion is major resistance on 2 hour chart is 1.44000 & major support area noted is 1.40500. PA will be topping out of current BULLISH trend early next week and then start a new BEARISH trend for remainder of week.

This is a 2hr chart, so smaller time frames will have have to be consulted for any trades next week. I will be checking out what PA is doing on a hourly by hourly basis to trade accordingly. EMA 50 is still underneath PA so uptrend should be traded, unless consolidation areas suddenly appear on chart. Good Luck Trading- Be Careful. Money Management!!
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