#GBPUSD #Brexit Special Short (Risky Potential Bull Trap)

The rise in GBPUSD can very easily be institutions hiding their intention to short GBP and creating a BULL trap. We have several trend lines, patterns and overbought price. There can be huge volatility but GBP is my opinion going down very soon. It will be risky to trade it for retail traders.

Kommentera:

Price rejected by trend lines. added to short position as planned. (Weekly analysis on you tube)