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JCortes09

GBPUSD SHORT

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
JCortes09  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Trend Lines Moving Averages
1
0
trendanalysis trendline movingaverage
Bearish

*Bearish engulfing candle on Weekly timeframe, closing below weekly support.
*New downtrend is being respected.
*Waiting for retest of downtrend which lines up with 50 and 200 EMAs
*50 EMA lines up with 50% Fib. retracement on 4H timeframe.
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