GBPUSD Looking For Shorts With Price At Key Level

Price in GBPUSD is testing both a long term down trend and the upper trendline of a long term corrective structure. Any sell setup which forms in this level, no matter if it works well it will have great value. Personally i will wait for a breakout below this expanding triangle and start watching for a sell setup to form.

Key level:

Commento:

Price broke below the lower trendline and it's correcting.. A good sign for shorts