FX:GBPUSD   British Pound / U.S. Dollar
We see a mid bearish trend with lower highs to the main bearish trend; so price action by that pin-bar at 1.25000 (my first trading method) says that the trend will go all the way down to test the support target. And if it reverses - it will test the immediate LH before reaching the mid-bearish trend-line.

* In theory. -Okay, so how will it be factual, because to theory there needs to be fact -and not a crystal ball ? :)


GBPUSD Bearish Set-up -book format.
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.