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GBPUSD: Trading Plan

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
VasilyTrader  
FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Chart Patterns Wave Analysis Forex trading fx Technical Analysis GBP USD GBPUSD pound dollar
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trendanalysis chartpattern waveanalysis forex trading fx technicalanalysis gbp usd gbpusd pound dollar
snapshot

hey traders,

GBPUSD is steadily going down.
Though typically the pound dollar pair is very impulsive,
this movement from 1.296 structure resistance is very passive.

I think that buyers are consolidating their buying positions around 1.28 structure support area.
For confirmation, I will be waiting for a bullish violation of a falling parallel channel .

Target levels will be 1.29 and 1.298

Stop will be strictly below the underlined support zone .
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