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BannaKhan

GBPUSD short idea based on trendline

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
BannaKhan Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade
11
5
trendanalysis harmonicpatterns chartpattern gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade
GBPUSD in on a downtrend and we have seen a nice pullback. I'm expecting it to touch the trendline and resume the downtrend and the initial target will be at the double bottom but ultimately it should push much lower. As this pair continues to make lower lows.

Let me know your thoughts.

Trade safe and good luck.
Trade closed: target reached:
Target reached. That was quick.
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