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Charl13Scrutton

GBPUSD analysis - Third touch of trend line.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Charl13Scrutton  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals forextrading GBPUSD GBP USD pound sterling forexanalysis
3
0
trendanalysis chartpattern indicator forex forexsignals forextrading gbpusd gbp usd pound sterling forexanalysis
Hope the markets are treating you all well.

Here's my analysis for GBPUSD, price action has rejected the weekly support. I believe we can see a little bullish push up towards the daily resistance and 78.6% Fibonacci level; before price, action follows market structure.

I have shown my risk management on this trade, I only risk 1% per trade.

Please comment below your ideas and please like and follow!
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