Setup | GBPUSD |

Good Morning everyone.

This is my minimalistic break down of GBPUSD for you.
As you can see this is on the 15m timeframe. This is a potential setup I will be looking enter a short position into.

I wont be going over the factors of the reasoning behind the trade as this my paid group gets this information.

I am happy to share a couple of tips with you though which you can find on my chart above.
We have a break of structure to the bearish side, which indicates more bearish pressure to come.
The GBP currency is falling dramatically in value due to the over print of currency within the COVID-19 period.

Whilst the GBP is falling the USD is rocketing & has never been higher since early 2000's (over 20 year ago)

The factors of this is very fundamental and this is why it very important to keep up with the news around the world.