GBPUSD: One More Breakout 🇬🇧🇺🇸

Short

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

OANDA:GBPUSD British Pound / U.S. Dollar

Trend Lines Supply and Demand Support and Resistance GBPUSD pound GBP forecast swing swingtrading swingtrader swinganalysis Contains image

trendline supplyanddemand supportandresistance gbpusd pound gbp forecast swing swingtrading swingtrader swinganalysis containsimage

snapshot

It turned out that GBPUSD violated one more key daily structure support and closed below that.

The next key structure that I see is 1.2010 - 1.2055 area.
That will most likely be the next goal for the sellers.

For shorting, consider the contracting area based on a falling trend line and a broken structure.

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