With the evident of Impulse correction-the pair controlling the graph growth to short-out traders Invade. In the 4hr time-frame, an Impulse from 1.31979 navigating the free flow towards Bear Arena. Invade restriction would become a threat for Buyers. Moreover, the technical aspects are in favour of Downtrend formation. On the contrary, the pound can easily off the traps.
Signal Specification
Entry: 1.30812
TP: 1.29627
SL: 1.31979
R/R: 1.02
Trade active
Trader's GBPUSD reversed the trend. 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.