Yappy
Short

Short of GBPUSD to around 1.456

FX:GBPUSD   British Pound/U.S. Dollar
26 0 0
Weekly chart
  • SMA downtrend
  • StochRSI and DirectionalMovement support downtrend

Expected T/P at 1.456

Daily Chart
snapshot


  • Price retreated from Daily 0.5 and warning line of Pitchfork
  • Directional movement and StochRSI support downtrend

Possible first price support and rebound at UML of Pitchfork. Whether price will reach 1.456 will depend if support is breached.
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