Last week GBPUSD dropped almost 100pips.
Right now i would prefer to wait for a little retracement to the upside in-order to enter some sells as we are 100% bearish on GBPUSD(unless other wise fundamentals plays a role to make it go bullish)
Of course just like any other pair i will change my opinion after looking at the market and fundamentals.
What we will do is wait and see if we could get proper retracement in-order to enter a sell an we believe that next stop will be at 1.2800.
Right now i would prefer to wait for a little retracement to the upside in-order to enter some sells as we are 100% bearish on GBPUSD(unless other wise fundamentals plays a role to make it go bullish)
Of course just like any other pair i will change my opinion after looking at the market and fundamentals.
What we will do is wait and see if we could get proper retracement in-order to enter a sell an we believe that next stop will be at 1.2800.
