GBPUSD: Correction Trend Could Massacre the Growth.

FX:GBPUSD   British Pound / U.S. Dollar

With the evident of Impulse correction-the pair controlling the graph growth to short-out traders Invade. In the 4hr time-frame, an Impulse from 1.31979 navigating the free flow towards Bear Arena. Invade restriction would become a threat for Buyers. Moreover, the technical aspects are in favour of Downtrend formation. On the contrary, the pound can easily off the traps.

Signal Specification

Entry: 1.30812

TP: 1.29627

SL: 1.31979

R/R: 1.02
Mar 29
Trade active: Trader's GBPUSD reversed the trend.

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