GBPUSD, protect your short position for FX:GBPUSD by UGTraders

trendanalysis chartpattern gbpusd breakout breakoutrading

Yesterday, GBPUSD broke below the trendline, and its currently in a downtrend phase, protect the short position by placing your stoploss just above the resistance level and go for a contrary trade in case of penetrating the resistance.

Happy trading.

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