GBPUSD: Sell breakout

FX:GBPUSD   British Pound/U.S. Dollar
462 0 18
The pair looks to be breaking out of the smaller degree correction to the downside and this can be a good opportunity for a short trade or an optimum entry for the larger trade while you wait for the pair to completely break out of the BREXIT correction and resume down trend.

Trading inside the corrective structures can be difficult and you may loose a lot of money!

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
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