AhxianYong

GBPUSD: Descending Triangle 4H

Short
FX:GBPUSD   British Pound / U.S. Dollar
The trend on D1 is bearish. Furtherlook into 4H, a descending triangle is established. Continuous lower high is formed and expect a breakout at the support and a retracement before going further down.

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.