Day Trade: GBPUSD 1HR Short

FX:GBPUSD

GBPUSD

A day trade on the GBPUSD is setting up,
Price broke below the upward TL lower and is setting up to break the 1.3115, before breaking price might retrace to retest the upward trendline before pushing lower.
This comes after Boris Johnson and his cabinet plan to introduce a law which if approved will not allow the UK to ask for an extension in July making a No-Deal exit a possible scenario.

The target for the break is expected to be just below the 1.30 around the 1.2975