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GBP/USD: Short Position

Short
Livre sterling / Dollar américain (FOREXCOM:GBPUSD)  
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FOREXCOM:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD Forex trendanalysisexplained bearishsetup Fibonacci Retracement marketpsycology
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trendanalysis chartpattern beyondta gbpusd forex trendanalysisexplained bearishsetup fibonacciretracement marketpsycology
As the new 3rd update in this trade, GBP/USD it's in the bearish trend following by U.S. news and UK news, there're a high correlation in this grant currencies.

Sterling Pound still bearish and we could to entry in the 0.618% as 2nd opportunity to see. I still bearish and I place my short position to $1.2106 USD, Stop Loss to $1.2143 USD and take profit to $1.2000 USD.

snapshot

We're stil bearish in H4

Good luck!!!

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