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GBPUSD - which side will the triangle break out? the fight is on

Panjang
Paun British / Dolar A.S. (OANDA:GBPUSD)  
icmfx  
OANDA:GBPUSD   Paun British / Dolar A.S.
Support and Resistance Trend Lines Triangle GBPUSD gbpusdlong gbpusdsignal gbpusdtrade gbpusdidea gbpusdanalysis gbpusd_forecast gbpusdsetup
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supportandresistance trendline triangle gbpusd gbpusdlong gbpusdsignal gbpusdtrade gbpusdidea gbpusdanalysis gbpusd_forecast gbpusdsetup
GBPUSD is in a downtrend and is making new lows. It has found support and painted a triangle. the question is; which side will the triangle break out. Based on weak dollar and monthly support that GBP is currently sitting on, it could be the up side but we'll see.

Trade active with a tight SL just below the lower line of the triangle. entry: 1.21450
Penafian

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