GBP/USD Short Continuation Position Management

in money •  8 years ago 

gbp6_10_17.pnggbpusd-d1-forex-ltd-3[1].png

Last week I outline the weekly low for the GBP and expected a short retracement from that level. We now see the continuation on the USDX upside which has allowed GBP/USD to drop. Profiting almost 200 pips so far and still expecting more downside with this pair throughout the week.

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