GBPUSD ABOUT TO DROP 200PIPS
Updated
A steady downtrend is evident on this pair since 02/02 and price has made a steep pullback to the 61.8% fib level and is showing weakness.
A sellers trap is expected in london session and price to later move by NY after FOMC meeting minutes are announced which might later touch our trendline before dropping.
A sellers trap is expected in london session and price to later move by NY after FOMC meeting minutes are announced which might later touch our trendline before dropping.
Note
Sellers trapped in London Now, expecting a push to our trendline now to look for shorting opportunities for USD news release.Trade active
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