Daniel-Malik

GBPUSD - Breakout expected

FX:GBPUSD   British Pound / U.S. Dollar
776 5 31
GBPUSD             - Breakout expected .. as the market is under triangle range so break out may be expected in near future.
Comment: Market still in Range , we will see a good breakout very soon
Comment: breakout very soon, get ready traders to cashout this breakout
Trade closed: target reached: 210 pips in profit.
Comment: hit like and support
Good spot!
I would say it will break down, it's a trend continuation pattern, as well as a lot of uncertainty around the UK. The bearish data is still yet to come IMHO.
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As per trading strategy GBP is going to be low as much low.
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Breakout to the upside?
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yes possibility is for upside, but its not conform, all you need is just put pending orders on both side along with SL
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As i told you GBP will be dropped down still more boz uncertainty of UK governmental head.
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