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jasperlawler

Staying in line with GBPUSD bearish daily trend

Short
British Pound / U.S. Dollar (FOREXCOM:GBPUSD)  
jasperlawler  
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Trend Lines GBPUSD gbpusdshort
1
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trendanalysis supportandresistance trendline gbpusd gbpusdshort
Bearish in line with daily price trend - bullish risks from price holding 1.30 after a BOE rate rise

Scenario A) - price breaks rising trendline on 4hr chart to test support
Scenario B) - price moves for another test of 1.32 - 50 DMA before resuming decline

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