10 Mei 2019, GBP/USD
Technical Observation:
Gbpusd is currently trading below a key support zone 1.30297-1.30213, while the price is contained below this zone, I expected plunge towards the next key zone 1.29438-1.29390, and in case the price breaks above this zone, then I'll wait for a confirmation that the price is continuing to the upperside with the next ideal take profit being around 1.31645. A break above this level will push the price even higher towards the next level 1.32. And on the lowerside a break below 1.29390 will push the price even lower.
Trade Recommendations:
We're short from within 1.29438-1.29390 towards 1.29438.