Its a waiting game for now British Pound/US DollarFX:GBPUSDarmanitrades-mhcPrice has reached the anticipated target from my last post which is good. Almost 6r secured. As of now, I dont have much doubt that we are at a level of support right now. The question of the day is, will the support provide an essential bounce here or will the downtrend continue this week? I have an intraday play that might play out as a short during london session tonight but again to say that the weekly lows will be broken and continue lower this week is something that I am not sure of right now. In the event that it does, we will have some crazy bearish volume in the next coming weeks. I am a seller at 1.338 with a stop at 1.340 with a target at 1.332 In the event of a stop out, alternate shorts will be at 1.340 with a stop at 1.342 and tp at 1.332! Good luck! Cheers!