GBP-USD Major Breakout! Bearish Continuation! Sell! Short

British Pound/U.S. DollarFXCM

Description

⋅ Mar 23, 2021 7:54 PM

Hello,Traders!
GBP-USD was trading in an uptrend
But now, it broke TWO major support lines
The breakout is conclusive,
Thus, I am expecting further fall to retest the next support
After pullback to the resistance confluence!
Sell!
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Comments

Mehdi_Babazadeh

⋅ Mar 25, 2021 11:43 AM

yes, that good

TopTradingSignals

⋅ Mar 27, 2021 1:34 AM

@Mehdi_Babazadeh, thank you bro!

Stvchu

⋅ Mar 24, 2021 5:16 PM

Sounds good, I didn't see the trend line but agree with the break of structure going bearish

Let's hope we're right

Good luck on the trade

TopTradingSignals

⋅ Mar 27, 2021 1:35 AM

@Stvchu, thanks man

jojofang0901

⋅ Mar 24, 2021 3:58 PM

agree on the bearish price action can continue lower :) thx

KlejdiCuni

⋅ Mar 24, 2021 3:07 PM

Great analysis again. Thanks for sharing!

TopTradingSignals

⋅ Mar 27, 2021 1:35 AM

@KlejdiCuni, cheers

ForecastCity_World

⋅ Mar 24, 2021 3:06 PM

Great work

TopTradingSignals

⋅ Mar 27, 2021 1:36 AM

@ForecastCity_World, thanks bro

FlyDownX

⋅ Mar 24, 2021 2:47 PM

Yes exactly, then look for buys