Short GBP/USD

Here is a quick short trade…

15-min chart

GBPUSD m15 (02-24-2016 2228).png

Falling channel intact, repeated attempts have been thwarted. The spot should dip to 1.3910 and extend losses to 1.3880 levels.

Stop are to be placed above falling trend line resistance on 15-min closing basis.

 

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