RLinda

GBPUSD ! Formation of a pre-breakout trade. Are we falling?🙀

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is falling, as I said in my past ideas. After a retest of the fork level 1.1933, the price breaks it down, forms a local minimum at 1.18780 and rolls back.

We see that a new retest of the support level 1.18778 is being formed. The price does not roll back from the level, but consolidates and forms a pre-breakout trade.

I suppose the breakdown of support 1.18780 down and the price movement in the medium term to a strong level of 1.17000

Sincerely, R. Linda!

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