Get started
TheElite_Humanoid

A break of Trend like on GU and an opportunity to Short.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
TheElite_Humanoid  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis Trend Lines
2
0
trendanalysis beyondta trendline
So far, after the release of the news last Friday, GU saw a very Bearish fate. Now there’s been a break on TL on the H1/H4 which signifies a bearish continuation but not after a retest of the previous Support (now resistance) level which it is doing nicely. Now we wait for a confirmation to short with a 30 pip SL.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.