GBPUSD 1D TF : go for short ??

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Chart Patterns Fundamental Analysis GBPUSD gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdidea pound dollar

trendanalysis chartpattern fundamental gbpusd gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdidea pound dollar

As we can see, the price has lost its long-term uptrend in daily timeframe and is declining. It is now in a small bearish channel and we are likely to see the price fall further to the specified levels after losing this channel and its static support.
What do you think about it ?

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