ForexTrendline

Another drop on GBPUSD | How to trade this setup?

Kort
FX_IDC:GBPUSD   Brittiska pund/Amerikanska dollar
Everyone who follows us knows that 2 days ago we sold GBPUSD down to 1,3755


Now we have another opportunity!

The downtrend is still in play and we expect to see another push.
This time tho, we should see a break below the H4 support and market eventually reaching 1,3630!

If you're selling right now then your stops should be above 1,3900.

Another way to enter is to wait for price to break below the support and then enter on the re-test.
If that option is better for you then make sure to follow us and we will keep you informed!

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