GBPTRY: Short opportunity within a Descending Triangle.

The pair is comming off a rejection on the Lower High trend line of the 1M Descending Triangle (RSI = 60.943, MACD = 0.510, Highs/Lows = 0.000). Based on the previous Lower High made and the RSI it traded, we are expecting a stronger decline towards the previous low. Our sell Target Zone is 6.87000 - 7.00000.




** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.