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TheGoldRoom

GBPUSD POTENTIAL PENNANT BREAKOUT

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Libra Esterlina/Dólar Americano (OANDA:GBPUSD)  
TheGoldRoom  
OANDA:GBPUSD   Libra Esterlina/Dólar Americano
Chart Patterns Harmonic Patterns Trend Analysis DXY Forex forexsignals forextrading priceaction priceactionanalysis profit price pound
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chartpattern harmonicpatterns trendanalysis dxy forex forexsignals forextrading priceaction priceactionanalysis profit price pound
Pair: GBPUSD
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, pullback
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Key Takeaway: Breached a very strong level of support toward the end of last week, we saw price pull straight back off it upward, we are looking for potential pullback before potential breaks of these levels of support
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Level needed: need a close by 1.10530
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Trade: Short
RISK:REWARD 1:5
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