GBPUSD: "The Bailey Short" generated more than 1400 points shorting GBP before the 10% drop!

GBPUSD: "The Bailey Short" generated more than 1400 points shorting GBP since the most recent major cloud chart sell signal on the daily cloud! GBP down more than 10% since the cloud chart sell signal! Always a good idea to capitalise on the "competence" of central bankers!

Price action below the cloud remains bearish with the bottom end cloud chart levels as key resistance zones!