Double4x

MORE DOWNSIDE FOR THE GBP/USD? SHORT POTENTIAL.

Short
Double4x Updated   
FX:GBPUSD   British Pound / U.S. Dollar
6
Seems like its been rejected by the daily trendline and its heading down towards the 4HRS trendline. If it breaks both trendline + support level I would expect prices to consolidate and come up to tests the resistance again before heading down towards the 1.27900 levels
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.