Jad-87

Capped by long downtrending line?

Jad-87 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hi All,

GBP shown some bullish price movement lately, however it seems it is still capped by this long term down trending line of resistance.

Quite interesting how much it fell from a single touch of that line (around 4.5%).

What do you think?

Short?

Thnx
Jad
Comment:
Broke uptrend

Comment:
and a triple top

Comment:
Line broken to the upside
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