GBPUSD: Intraday Bearish Outlook 🇬🇧🇺🇸

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

Triangle Support and Resistance Trend Lines forexsignals fxsignals signals tradingsignals GBPUSD trading Contains image

triangle supportandresistance trendline forexsignals fxsignals signals tradingsignals gbpusd trading containsimage

snapshot

After a test of an intraday horizontal resistance,
GBPUSD formed a descending triangle formation on an hourly time frame.

I expect a bearish movement to the closest horizontal support.
Goal - 1.2554

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Trade closed: target reached:

Great move!

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