OrcChieftain

GBPUSD Looks Like Breakout

Short
FX:GBPUSD   British Pound / U.S. Dollar
Chart paints a clear triangle with top on a strong daily chart based level. It is breached to the downside and we have just closed below previous week's and the before that week's high (dark blue and dark blue dotted). I would be surprised if this level is not respected again even if we end up going up (which could happen given on-going election in the US).

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.