Short positions are still relevant

07 July 2016, GBP/USD

The British currency continues to experience a strong pressure from sellers. We observe correction.

Thus, the goal of decline is still far to be reached, so short positions remain to be relevant. We recommended to enter on update of the LOw by the price.

Short positions are still relevant

The British currency continues to experience a strong pressure from sellers. We observe correction.

Thus, the goal of decline is still far to be reached, so short positions remain to be relevant. We recommended to enter on update of the LOw by the price.

Vasiliy Lukin
FreshForex Analyst
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