GBP/USD 4H SHORT

GBP/USD May fall 100+ pips
Insight - Due to fundamental events, price has hit an extreme low, breaking the support of the monthly descending channel. Support now at 1.1434 and resistance at 1.1808

Intraday - 4H
Trade: Sell
Sell or Below 1.1434
Target TP: 1.1296 & 1.1133

Alternative scenario:

Trade: Buy
Buy or Above: 1.1434
Target TP: 1.1808 & 1.2031
Pivot and Support 1.1434
4hrchartcableChart PatternsshortTrend AnalysisUSDUSDGBP

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