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Brunebdx
Mar 27, 2023 9:39 AM

GBPUSD SWING (SHORT) Short

British Pound/U.S. DollarFXCM

Description

As we can see, Cable pair as fondly called by pro traders has broken out of a long rising trendline on the hourly time frame marking a change in trend, here, we are looking at a correction phase as prices seems to be pushing up to complete the heads and shoulders pattern formation in confluence with trendline retest at around 1.22868, we can input pending sell orders and see how the sellers will push the market further below the previous support zone at 1.21989
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