the pound has reacted perfectly to the monthly resistance at 1.4250 and pushed the price lower to the daily support at 1.3840 regions. at this point, it's kinda hard to decide to short this market if you haven't shorted yet, the market could grind lower towards 50 EMA on the daily chart as it still looks under pressure for now.
i'd like to keep my shorts open with an adjustment 1.4000, a break above that, may open take the pair back on track higher to 1.4200
i'd like to keep my shorts open with an adjustment 1.4000, a break above that, may open take the pair back on track higher to 1.4200