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British Pound / U.S. Dollar
Short

GBUSD Short: Break & Retest Trendline

68
It's another break or bounce scenario on GBPUSD. On weekly, previous week candle closed with a strong close below trendline, providing us with a context of which direction the price may go. It's now retracing back to the trendline, if it bounces, it has the potential to fall towards 1.25300 level.
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GBPUSDgbpusdshortTrend Analysis

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GBPUSDgbpusdshortTrend Analysis
sentientfaxmachine

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.