GBPUSD rejecting key daily level

GBPUSD rejecting key daily level

GBPUSD

The GU is again retesting and rejecting a MASSIVE level on the daily (1.3750) and we are looking to short the breakout of the reversal structure.

This pair has been trading inside of a rising pennant testing time after time this big daily level printing major bearish divergence on its way.

The break of the previous lows would trigger the reversal in play.

Validation level: 1.3690
invalidation level: 1.3765

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Author : Orlando Gutierrez

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