British Pound / U.S. Dollar
Short
Updated

GBPUSD will retest broken trendline and fall soon

trendline broke and buy pressure pump GBPUSD to this level but for now market start provide rejection near weekly resistance 1.43--1.44

for now 1.4040--14060 would be support that is around 0.50% of Fibonacci retracement too.

we can expect market falling to our targets easily beacuse this strong and fast movement to this level(near weakly resistance) need to rest

Targets:
a.1.4040
b.1.3985

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached
140 pips profit
first target reach for short term traders and higher leverage you can take profit now

1.4036
Trade closed: target reached
240 pips profit

new trade about GU
GBPUSD need to take decision falling more or take support ?

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