GBP/USD Trade Idea

Hello and welcome to my Trade Idea of the currency pair GBP/USD.

Lets start with the Top Down Analysis.


Monthly: Monthly has big bearish candles in the past.


Weekly: Weekly is bearish too.


Daily: The daily timeframe shows a pullback to the upside.


H4: On the h4 timeframe we draw the downside trendline and the counter trendline. We wait for a confirmed breakout.


Have a nice day.