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fxinvestmk
Jan 3, 2024 9:49 PM

GBPUSD, H4 - Breakout of trendline, possible move down Short

OANDA:GBPUSD240
GBP/USDOANDA

Description

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Price clearly broke trendline. Now it is climbing up to retest it. After rejection of the nearest resistance possible some move down towards 1.2600. Trade carefully!
Trend LinesSupport and ResistanceGBPUSDTrend Line Breaksupportandresistancezonespriceactiontradingideasforextrading
Comments
TheFxAce
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The potential downside you've flagged warrants serious attention.
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