GBP/USD short

-GBP/USD approached the trendline with a weak bounce, followed by a bearish pin pierce through 50ema with a long shadow.
-Short term bearish trend is expected.
-Stop loss will be placed right above the bearish pin.
-Profit target will be around 1.2220 zone.

DISCLAIMER: Forex trading involves substantial risk of loss and is not suitable for every investor. The valuation of Forex may fluctuate, and, as a result, clients may lose more than their original investment. Above statement act as an idea for reference purposes, kindly perform your own analysis. Trading strategies are used at your own risk.