![gbpusd-d1-forex-ltd-3[1].png](https://images.ecency.com/p/9vWp6aU4y8kyJM9JABQLS7EhjmU3VVqJQJsLWXdiGMhTCy4hvcXZSKZjV1gFBuzfq3ZWFG7XFuXLEEh2GagGc8XsGJG695Pyw9EeanejQ1Q2uciz4VZd6fJxUTRtbFjb7KNXgfK7DUsxMJ1En.png?format=match&mode=fit)
Last week I outline the weekly low for the GBP and expected a short retracement from that level. We now see the continuation on the USDX upside which has allowed GBP/USD to drop. Profiting almost 200 pips so far and still expecting more downside with this pair throughout the week.