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GBPUSD Potential Short

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Motion1  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators 24hrta 24hrtradingacademy GBPUSD Forex short eurusdshort
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trendanalysis chartpattern indicator 24hrta 24hrtradingacademy gbpusd forex short eurusdshort
GBPUSD trading in a downtrend on the 4hr timeframe, suggesting further bearish movement for the short-term.
Resistance at 0.382% daily fibonacci retracement level.
Trading below the EMA 200 & 800 on the daily timeframe.
Ideal entry would be at 1.29300 technical resistance level.
If the 1.29000 psychological level is broken this could suggest further bearish movement towards the 1.28700 support level.
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