GBPUSD: Potential Short

hey traders,

rising wedge formation on GBPUSD.
though the pair has broken below the support line of the wedge,
I am paying close attention to 1.296 support of a narrow horizontal trading range.

I will sell the pair in case of bearish breakout of the range.
Target levels will be:
1.29
1.28

Trade geschlossen: Ziel wurde erreicht:

good drop
protecting our position setting stop to breakeven