GBPUSD: Important Breakout! What is Next? 🇬🇧🇺🇸

Short

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

OANDA:GBPUSD British Pound / U.S. Dollar

Parallel Channel Rectangle Candlestick Analysis GBPUSD DJ FXCM Index USD dollar Forex trading Technical Analysis

parallelchannel rectangle candlestick gbpusd usdollar usd dollar forex trading technicalanalysis

snapshot

Hey traders,

After 2 weeks-long consolidation within a horizontal trading range, GBPUSD finally broke and closed below its support.
The price will most likely drop to a current low soon.
Target - 1.1825

For entries, consider an occasional retest.

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