It could be a nice place for shorts - filling the gap - but today it's probably to risky to trade GBP
That should interest you
GBPUSD still continue higher after made Double Bottom around 1.3665 and went beyond its MA 50 Daily.
The next target is its Fibonacci 61.8% at 1.4020 and the strongest level of 1.4236.
Break 1.3665 is Bearish .
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Descending Triangle” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3758. Moving averages indicate…