MMBTtrader

GBPUSD will retest broken trendline and fall soon

Short
MMBTtrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
trendline broke and buy pressure pump GBPUSD to this level but for now market start provide rejection near weekly resistance 1.43--1.44

for now 1.4040--14060 would be support that is around 0.50% of Fibonacci retracement too.

we can expect market falling to our targets easily beacuse this strong and fast movement to this level(near weakly resistance) need to rest

Targets:
a.1.4040
b.1.3985

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached:
140 pips profit
first target reach for short term traders and higher leverage you can take profit now

1.4036
Trade closed: target reached:
240 pips profit

new trade about GU

My Free telegram channel:
t.me/mmbtchannel

VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.
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.