tradingalone
Short

Short GBP/USD on imminent break-out betting that it will fail

FX:GBPUSD   British Pound/U.S. Dollar
Very strong monthly, weekly, daily downtrends.

Huge yearly consolidation + break-out pattern for GU.

This thing is on track to go below 1.00.

Look for a break-out failure to short.

This is a Tier 4 trade because all trends are aligned and on the monthly we have closed below the 1.481.

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