GBPUSD: Price Action Points Lower

GBPUSD: Price Action Points Lower

13 May 2016, 12:47
AynGannRand
0
79

 All the traders that follow our signals know that we have been calling the long setup of GBPUSD from 1.413 (article here) and that we took profits at 1.460 (article here). Once the upper bound of the channel was touched, GBPUSD has not been able to recover and has only pointed lower, giving us the right reasons to short "GBPUSD: Possibly Last Moves Towards the Channel".

GBPUSD Daily Chart-May 13, 2016

Share it with friends: