#GBPUSD: Ideal Time For Continuation Short To Long Term Target
Traders,
Nice bearish engulfing so far, in todays trading. The pair is offering a good opportunity to be taking shorts in the markets to the lows of the range. There is a long term measure move of previous impulse to reach, and this continuation move could be responsible for price hitting this target. If price breaks the daily range it would confirm a nice minor breakdown, igniting the move to take the pair to target.
Nice bearish engulfing so far, in todays trading. The pair is offering a good opportunity to be taking shorts in the markets to the lows of the range. There is a long term measure move of previous impulse to reach, and this continuation move could be responsible for price hitting this target. If price breaks the daily range it would confirm a nice minor breakdown, igniting the move to take the pair to target.
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