Chibuike_Odoh

GBPUSD - Potential breakdown 🔽

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is printing a descending triangle pattern.
Potential breakdown.
Sell entry ⬇️ - breakdown below the descending triangle's horizontal support.
Target 🎯 - fibonacci extension levels, projected descending channel support.
Setup invalidation ❌ - breakout above the descending triangle's inclined resistance.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.