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ThomasCapital_Inc

GBP/USD Trade SETUP

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
ThomasCapital_Inc  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD short SELL
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trendanalysis chartpattern gbpusd short sell
GBP/USD has made a series of higher highs and higher lows to confirm the uptrend. We have been met with a strong bearish engulfing candlestick to possibly hint at a trend reversal as shown. Thus, I am speculating price to drop to the downside.
Should price drop below the current support level placed at 1.26091 this may produce a good trade setup.
R/R - 1:4
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