GBPUSD Plan for week 50-51. Bearish market

Overall downtrend.
Breakout and decline.
Week 50 GBP is week against all pairs on 1D and other timeframes = GBP short.

1D
Sideway
Candle closed below SR level.
W8 for pullback and then go short

4H
Breakout and decline

I suggest now wait for pullback, do not rush with all sellers.
Let firstly see how byers react on breakout,

ENTRY SHORT on Pullback from 1.26000
TP 1.21400 I expect good power from breakout move
SL 1.28600
RR 1.7

Giao dịch đang hoạt động