GBPUSD (1.4551)
GBPUSD is looking to get back into the long term downward trend. The situation is getting a bit confused for the conservative traders. Aggressive traders will be looking to sell GBPUSD on rise for retracement around 1.4675 level with a short stop. GBPUSD might take another rise towards 1.4900 level and then resume long term trend again. Intra-day traders will look to hold back a bit for GBPUSD to settle back into downward trend.
TRADE:
Sell GBPUSD @ 1.4675 for Profit Level @ 1.4525 with Stop @ 1.4725
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