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KaltoireCapital

GBP/USD retests broken support; Sell Continuation Expected

Short
Sterlina / Dollaro (FX:GBPUSD)  
KaltoireCapital Aggiornato   
FX:GBPUSD   Sterlina / Dollaro
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdidea gbpusdtrade gbpusdsetup
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trendanalysis chartpattern beyondta gbpusd gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdidea gbpusdtrade gbpusdsetup
GBP/USD retests broken the broken support area but failed to break upwards. This could be a S/R Flip trade and I expect a continuation of the downtrend.
The best approach to trade GBP/USD is to keep selling the rallies and target 1.23 as short-term TP.
Commento:
Another retest of the broken support zone

Idee correlate

KaltoireCapital
GBPUSD Update: 195 Pips booked in GBP/USD Sell, more drop?
KaltoireCapital
GBP/USD Sell trade update: 100 Pips booked; more to go
KaltoireCapital
GBP/USD key support level broken. Bears in Full Control.
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