British Pound / U.S. Dollar
Short
Updated

GBPUSD, Short on broken trendline and bearish pennant

104
Uptrend line has been broken and price is currently in consolidation phase forming a bearish pennant.

Short to 50% Fibonacci retracement which holds strong support at the $1.3028 mark

SL above $1.3600
TP at $1.3028
Trade active
Note
good trade so far. would like to open more positions so looking for a decent pullback

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