timmynorin
Short

GBPUSD 1H/4H SHORT SETUP

FX:GBPUSD   British Pound / U.S. Dollar
Break of bullish trendline acting as resistance together with previous support levels also becoming resistance.

+Fibo 61.8 who rejected the price going further up.

I would like the RSI to be higher, but the above makes a case strong enough for an entry.

Target - structure together with previous falling trendlines which could act as support.

I will watch this closely as we move closer to the official rate news and tighten my SL if possible.
Trade closed: target reached: Boom!
timmynorin AshwinPicassoPatel
@AshwinPicassoPatel, Thank you. :)
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