Short positions are still relevant | 07 Juli 2016

07 Juli 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.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Vasiliy Lukin
Analis perusahaan "FreshForex"
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