Descending triangle in up trend: sell the breakout Short
British Pound/U.S. DollarFXCM
Description
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Pound dollar is on focus:
1.30 support is the key level for this pair,
bearish breakout of it will trigger strong selling reaction.
Sell only when daily candle closes below structure
or wait and sell the retest of a broken level.
Targets based on structure:
1.28 and 1.27