Consider short positions towards 1.2768 | 26 Maio 2017
26 Maio 2017, GBP/USD
Technical Observation
Recently, GBP broke out below the lower trend line acting as the bottom of the rising channel and is currently rallying below it. This breakout is a sign that bears are in complete dominance and that the price could drop further towards 1.2768. On the 4 Hour chart above, I expect a minor pullback to thge upperside then a decline towards 1.2768. My advice, consider short positions towards 1.2768.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.