Let's see this scenairo play out. Lure the people on the false breakout north, then slam it into the abyss.
GBPUSD just broke A HUGE BEARRISH MOMENTUM, meaning that it is finally BULLISH for a few! Lets target 1.36 then 1.39 =) -- Simple trade Make sure to LIKE and FOLLOW for more charts ideas =)
The pair is in bearish trend. I am going to trade the resistance retest.
FIb levels taken into consideration and general trend