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KaltoireCapital

GBP/USD key support level broken. Bears in Full Control.

Short
Sterlina / Dollaro (FX:GBPUSD)  
KaltoireCapital  
FX:GBPUSD   Sterlina / Dollaro
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast
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trendanalysis chartpattern beyondta gbpusd gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast
GBP/USD Bears are in full control after they managed to break the key support level. Currently, the path of least resistance is to the downside as there are no meaningful supports here. The best trading plan is to wait for a pullback and then sell with targets of 1.21

Idee correlate

KaltoireCapital
GBP/USD Downtrend continues as expected
KaltoireCapital
GBP/USD retests broken support; Sell Continuation Expected
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