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ThinkingAntsOk

Short Analysis on GBP/USD by ThinkingAntsOk

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ThinkingAntsOk Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP USD GBPUSD short analysis
4
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trendanalysis supportandresistance mtfa gbp usd gbpusd short analysis
4H CHART EXPLANATION:

After breaking the Support Zone, price corrected on a Triangle Pattern to continue the downside movement. At this moment is on a strong bearish trend, however we consider that it may be a reaction here or a little correction, to continue the main movement after that.


MULTI TIMEFRAME ANALYSIS:


-Daily:

snapshot

-Weekly:

snapshot
Trade closed: target reached
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