The GBPUSD has broken the bullish trendline this week. The 1.406ish area has been tested a few times now. For the coming week I am expecting a retracement back to this trendline, from where we can enter a short position. Entrypoint may vary, but will probably be close to the 1.428 area. Depending on how fast the market moves.
NOTE: JUST SHARING THIS IDEA, NOT ACTUALLY TRADING THIS ONE DUE TO IT BEING A GBP PAIR
Entry: 1.420 (Or at the retest of the trendline) Stop: 1.428 Target 1: 1.407 Target 2: 1.3864