yin888

POTENTIAL 800 PIPS GBPUSD

Short
yin888 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Price has been decelerating and potential double top is forming as well. As long as price does not break resistance area, I would be looking to short on lower time frames. The break of the ascending trendline would guarantee more downside where blue rectangle support area would be the first target.
Comment:
Price seem to be bouncing off resistance. Time will tell..
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