EzraCapital

GBP/USD SHORT OPPORTUNITY

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD - RESIDING IN A FORMAL BEARISH PENNANT (DAILY)

1.4420 SEEMS TO BE A STRONG BARRIER (LOWER HIGH) POINT OF RESISTANCE.

1:2.3 RISK REWARD WITH A TARGET AT THE WEEKLY AREA OF SUPPORT 1.4260.

A BREAK OF 1.4260 WILL LEAD THE PAIR RELATIVELY LOWER TO 1.4200.

HAPPY TRADING!

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