AlexMichael
Short

GBPUSD - Shot in the dark SHORT

FX:GBPUSD   British Pound / U.S. Dollar
Incredible risk reward opportunity here, could be seen as a wedge or a double top breakdown. This is a coinflip I am personally taking.

The indicators are telling us there is some bearish momentum to this one with a low rsi on a retest of the trendline/horizontal support and an already bearish MACD .

Not financial advice.
Comment:

Can take some profit here due to an inverse head and shoulders appeaering with some bullish indicator on the 1hour timeframe.
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