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UmarAbdurRehman

GBPUSD trend-line breakout - Possible short setup

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
UmarAbdurRehman Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal BTCUSD BTCUSDT
5
0
trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal btcusd btcusdt
GBPUSD made a failed attempt to break 1.42 mark early London session and fell sharply during overlapping session breaking out the multi-sessions trend line. However market is still trading below this area and I am looking for it to retest the base of the broken trend line, there I will re-asses if it is lining up to target the 4th June lows around 1.4083.

Trade Safe!
Good Luck.
Trade closed: target reached:
snapshot
Target Hit!

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