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DNiceChampion

Week Ahead For GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
DNiceChampion  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusdsetup
5
2
trendanalysis chartpattern gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusdsetup
Price is in an obvious downtrend on the 4H. Price has just made a lower low and now we wait for a pullback for the continuation.

Looking for 3 possible trade setups:
-Price retests the previous LL that was broken for a short opportunity
-Price breaks the current LL and retests for a shorting opportunity
-Price breaks the previous LH and retests for a long opportunity and a trend reversal

Hope this analysis helps!
Feel free to leave comments below!

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