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GBPUSD Trendline Pullback Strategy | 5 May 2020

Short
FXCM Broker Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is pulling back to a key trendline and is likely to drop from there. Ichimoku is also showing strong bearishness ahead. We identified our entry by graphical and fibonacci levels.

Entry: 1.24883
SL: 1.2518
TP: 1.24048

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Comment:
Price missed our entry by pips and dropped nicely. We invalidated the idea

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