GBPUSD Short - #eToro

28 may 2013

If the price moves under the area 1.50328-1.50141, the down trend will continue. It is interesting be prepared for this possibility. In the next days there is also the possibility to have a retrace back up that can be used to join to the bearish trend, but the risk here is higher, then in this case it's better to wait a specific price action sell or an up movement over the resistance.