GBPUSD set to continue downtrend after correction!
The price has unsuccessfully completed its second attempt to break through zone of interest and resistance producing a second bounce, supported by an important Fibonacci level. Candlestick formation indicating a potential trend reversal.
Time Frame: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
Time Frame: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
Trade active
Trade active
TP: 1.258
SL: 1.283
Trade closed: target reached
Trade closed at 1.262. + 120 pips profit! 
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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.