Where is GBPUSD Heading?

4 Okt

GBPUSD To make things clear! We are in a Bullish Long Term Trend, under which were are going through a Bearish Retest. Buyers are eager for a reversal, buying at every possible retest and failing. They are not back from the Party from last week.

In the mean time, I would short now, it has a side to it. A Little risk is not gonna hurt while it can reward big. At the max it can cost a BE. 

Pending Order in place in case if the reversal happens with the Event.