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Profound_Ambition

GBPUSD 2H

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Profound_Ambition Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Trend Lines Supply and Demand GBPUSD pound DJ FXCM Index Supply Zone lowerhigh lowerlow
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trendanalysis trendline supplyanddemand gbpusd pound usdollar supplyzone lowerhigh lowerlow
Setup I will be watching, we are in a downtrend on the Lower time frames. I am expecting a pullback & touch the 61.8 fib & downtrend line (lower high), before heading lower to its recent low. Price may break & retest support turning resistance & head to its weekly uptrend line, I will see how price reacts at that point.. :)
Comment:
looks like we have a break of the downtrend line, waiting on a retest now for more upside to come..
snapshot
Comment:
snapshot
Price came back to retest broken trend line during the London session
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