Short GBP/USD with Broken Structure & 200d's MA Short
British Pound/U.S. DollarFXCM
Description
⋅ - As you can see from the chart, GBP/USD has recently broken the up-trend support line of lows, and it's pretty similar with what happened Feb 17-21.
- I am inclined to short it because it's also moving under 200day's MA which is another resistance of GBP/USD.