British Pound / U.S. Dollar
Short
Updated

GBPUSD bear trend lines

126
-Top-down ICT levels
-Weekly, Daily and Hourly trend lines

*blue lines are projections from key swing points with the same angle as the main channel.

Price has recently reached the top-side of the daily trend line. Since making contact, price has chopped around and eventually put in a "lower low" from the hourly chart here. Price has also filled the FVG and returned back to the top of it, giving really good risk/reward profile for a bigger move lower here.

**Weekly channel is still bullish
Trade closed: stop reached
always a risk trading with red folder news upcoming and sure enough we get big volatility, either way this was a great trade setup and we wait for another trade opportunity.

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