ElemontFX
Short

GBPUSD BREAKOUT LOWER

FX:GBPUSD   British Pound/U.S. Dollar
GBPUSD             has continued its bearish run as per our previous analyses and is now heading towards our latest TP point.
Price has just broken lower through it's downtrend.
We expect demand to pick up once again at the Major Support Zone where there may be a potential reversal trade if price can break back above.
If price fails to reverse, GBPUSD's recent historic low comes into play, where a further break down would trigger a Short trade.
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