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aparkon

10-08-2019 GBP/USD short opp -

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
aparkon  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators cable gu sterling
6
0
trendanalysis chartpattern indicator cable gu sterling
GBP's downtrend has started but we may see a small upward retracement.
It is possible to retrace 1.224XX level and continue to trend downward.
SL above the red trendline, the target is 78% fib level of the entire cycle(September resistance)

This is low hanging fruit setup.
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