The GBPUSD got rejected from an important long term resistance level. And as you already know, when the sentiment of the market is bearish, only short opportunities should be in play.
Here what the short term chart looks like:
So right now I’m basically waiting for a small retracement to the short term resistance level around 1.5912.
If I see downward pressure around that level, I’ll take my short.
Do you agree with me?
Let me know