GBP/USD is showing nice downchannel in 4H and 1D Channel.Stochastic is also in Overbought Zone in 4H Chart.
Is it time to prepare shorting GBP/USD pair?
Yes i also see it will go down due to technical and fudnamental too…for me its in selling position…specially with long term perspective…
Let the chart tell you what to do, price action will determine your action. Keep it simple and obey your stops.
I actually entered trade at 12:33 (GMT). But now its on Fib 68% retracement level. So far I got 20 pips.