GBPUSD: A Bearish Confirmation Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 12, 2015 12:43 PM

Price broke below both the supporting trend line as well as the previous structure. This give us confirmation on our bearish sentiment.

A pullback to the 1.4720 to 1.4860 structure might give us some good shorting opportunity.

I would love to hear your opinion, feel free to comment, agree or disagree.

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USD (US Dollar)breakout tpp