Potential downside trend continuation

FX:GBPUSD   British Pound / U.S. Dollar
PA has formed a nice pin bar on a previous daily S&R zone as well as in a weekly S&R area. The daily candle couldn't close above the previous day's high, which along with the substantial wick, indicates weakness in the pound vs the dollar

Looking for bearish confirmation prior to entering trade. Targeting the 1.46 to 1.45 area for profit taking.

Related Ideas

I'm short on GU for the Sam reasons. Goodluck to both of us.
+1 Reply
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