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FTE1995

GBP/USD - UPDATE: Successful Bear flag breakdown!

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FTE1995  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Harmonic Patterns
6
0
trendanalysis chartpattern harmonicpatterns
- GBP/USD has succesfully broken the Bearish flag pattern to the downside as predicted
- Old support acted as clear resistance many times with pin-bars at this level
- Next target I believe could act as the next support would be at the 1.27 level
- This level is the previous major swing low

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
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