GBP/USD - GBP USD SELL OFF - 04/07/2021 (GMT)

GBP USD hit the target area of 1.3884 and has since sold off.

The target on this trade is  1.3620/10

Price is likely to go down to 1.3620 before we see any pull-back to 1.3810/50 so we can re-enter the short

Why is it likely to keep falling and not  pull back, well USD itself is falling against other currencies and when the dollar reaches support all currencies trading against it should in theory go down so if GBP is falling when USD is also falling it means it is terribly weak and when dollar hits its support around 9190 expect further GBP decline