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MatthewLundgren

GBPUSD Short

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
MatthewLundgren  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis GBPUSD gbpusdshort
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trendanalysis gbpusd gbpusdshort
Timeframe: 4H

Simple ABCD movement, caught the short on the C leg, in a bearish fib zone, with a BRC of a broken support turned resistance. Broke through a bullish TL on this timeframe, which indicates bearish movements. Took out a previous low which should now act as resistance.



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