GBPUSD: Is this the Pullback We Needed?

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Brittiska pund/Amerikanska dollar (FX:GBPUSD)

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FX:GBPUSD Brittiska pund/Amerikanska dollar

On top of the channel..... maybe this is the pullback we needed to get short.

I added to the short at specific planned levels... may get stopped out...but for now..short...

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Just as I described in my video and previous FUNDAMENTAL ANALYSIS... the PPI and CPI came out good because of the pricve fall and rising cost of imports for GBP.

So, this was what I predicted.....and I remain bearish going forward.

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Please Read: Observe my comment on UK's Inflation:

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EURGBP: The GBP Catalyst -One More High of Fundamental Thoughts

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Finally, we get a lower low on a 15 minute chart:

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Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.

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