GBPusd Shorting

Hi Everyone,
We hope your weekend was cool?
Just like we promised that henceforth we will only be releasing a pair on monthly basis . For instance we will focus on a particular pair and post to let you know where it will travel for the month and when it is likely to turn back
And this will be the pair we will post on daily to give details of its reactions on daily basis. The reason for daily analysis  is because  the fact that we mentioned monthly does not mean the trend will not change sometimes on daily basis.
But the Forex Mechanics will view  and let you know whether it will be a turning point or temporary retracement .
Our focus for this month is going to be GBPusd. The Forex Mechanics will be going short on this pair for the month until we see that it is about to  change movement.

Enter  At                    1.26284
Take   Profit               1.22085

We will however wait for 1.27082 Price Level to be broken before we make an informed decision.
All these on Daily Time Frame

If you check the Chart properly you will see we have placed trade for today at 1.27183 we will take 10 Pips first and take final profit at the Support Level 1.27082


 Check Out The Details Below:

See the inverted Hammer that couldn't break the Trend Line to the Up? The moment it breaks the \Support Level of 1.27082 then we are good to go

Again USDjpy will be for Buy for the Month this analysis will be given later.