GBPUSD Daily Chart : Broken Trend Line Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 6, 2016 4:52 AM

Preference short positions below 1.3500 with targets 1.2450 & 1.2130 in extension.

Above 1.3500 look for further upside with 1.4000 & 1.5000 as targets.

The pair has broken below a rising trend line. Risk management in priority.