GBPUSD – H4 – SHORT SETUP
British Pound / U.S. Dollar FOREXCOM:GBPUSD
GbpUsd – H4 – After fomc I saw dollar index creating new demand which I anticipated to be retested next week. I see all major currencies creating new supply zones for us to sell from. This pair is also trading below a weekly resistance and for next week I see a good pending sell setup to sell this pair down to 1.28 and possibly down to 1.25 in the coming weeks.