SaleemJunedLala

GBPUSD Breaking down Symmetrical Triangle

Short
FX:GBPUSD   British Pound / U.S. Dollar
1
It can be observed that GBPUSD is breaking the Symmetrical Triangle on the downside, looking poise for a good fall. The triangle size is huge, but taking a small target keeping in view the news to come.

Short Entry: 1.2410
Target: 1.2336
Stop: 1.2458