GBPUSD Short
Price is corrective towards the top of an descending channel and is forming an expanding triangle. Waiting for corrective price action before taking a short position on a third touch.
First target is 3% followed by a target of 9% to the lower outer structure.
First target is 3% followed by a target of 9% to the lower outer structure.
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.