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ThinkingAntsOk
Feb 11, 2020 1:19 PM

GBP/USD about to drop by ThinkingAntsOk Short

FX:GBPUSD240
British Pound/U.S. DollarFXCM

Description

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4H CHART EXPLANATION:

Price has broken the Ascending Channel, and now it is making a bearish corrective structure pullbacking the broken trendline and the Resistance Zone. We are waiting for a breakout to confirm the downside move.

DAILY CHART ANALYSIS:


Trend AnalysisSupport and ResistanceMultiple Time Frame AnalysisGBPUSDGBPUSDshortanalysissetup
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