GBPUSD H4 Potential Shorts
Looking for potential shorts on GBPUSD.
A downtrend is potentially forming, therefore shorts are on the cards.
The next impulse move should move price to 1.3700 - the 23.6% extension.
Consider recent USD fundamentals, as well.
A downtrend is potentially forming, therefore shorts are on the cards.
The next impulse move should move price to 1.3700 - the 23.6% extension.
Consider recent USD fundamentals, as well.
Note
Price has reached the 0%.Now we wait for a push to the downside.
That's about 100pips away.
Note
Price pushed lower ahead of NFP and was only 30pips shy of Take Profit.Trade closed manually
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