AlkalineFX

GBPUSD: Take Sellers & Collapse

Short
FX:GBPUSD   Britisches Pfund / US-Dollar
The trend has shifted into a bearish market, for this to continue we must retrace to mitigate positions before we can sell-off strongly again.

I would like to see a pullback to wipe out the breakout sellers, once this is out of the way we can look to enter our sells as illustrated.

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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.

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