RJLfamily

GBPUSD - (SHORT) DESCENDING TRIANGLE!

Short
FX:GBPUSD   British Pound / U.S. Dollar
good evening/morning traders. A key level has been broken and with the descending triangle as a guide I have done a measurement of the possible top to bottom ratio with S/R levels and using a path guide to show everyone how we could potentially see this play out. I have set out targets and SL will be placed accordingly, with the significant strength of the GBP over the USD we could possibly see more potential downfall. please share your thoughts on this?
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