Classic Short Setup (GBP/USD)

4 thg 7, 2016

GBPUSD

Post Brexit GBP has been extremely choppy, Recommend entering with a conservative amount due to the high risk exposure.
Long Term Target : 1.0500
Stop loss : 1.4200

- Potential 'Last kiss Strategy' Setup
- Retest of the 0.38 Fibonacci retracement
- Retracing to the nearest resistance line at 1.38700