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Chiguuu

GBPUSD Potential Short

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Chiguuu  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD gbpusdshort gbpusdanalysis gbpusdtrade
4
1
trendanalysis chartpattern gbpusd gbpusdshort gbpusdanalysis gbpusdtrade
Monthly- Downtrend and just closed with a strong wick rejection on strong support that was broken
Daily - Downtrend
4H - Downtrend

Most likely, price will retrace back into 1.21350 to make the daily lower high
Then, we can wait for confirmation( at least 30M Engulfing, even 1H/4H engulfing, or Strong 4H rejection) to go short

Targets; 1.20150 and 1.19500
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