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SHORT GBPUSD: descending triangle

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
VasilyTrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Technical Analysis Forex forexsignals forextrading forecast USD dollar GBPUSD
12
1
trendanalysis chartpattern waveanalysis technicalanalysis forex forexsignals forextrading forecast usd dollar gbpusd
snapshot

1.298 structure support is under bearish pressure!
Price is contracting and coiling inside a descending triangle.

Your plan is to:
sell the breakout of support.

Initial target based on pattern range.
Order cancelled
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