GBP/USD - Weekend analysis, a short opportunityGBP/USDOANDA:GBPUSDTAandFAWe begin the analysis on the 30 minute chart, we can see that a 5 point trendline has been broken on Friday, the end of the week. Price never recovered above the trendline by day end and is currently trending down as we can see from the new trendline connecting the closing prices of a few recent candles. When we zoom in on the chart we can also see that the break of the trendline occurred on high volume, a key signal that we should respect this break and expect a potential significant move to follow. We can also see on the RSI that price is below 50 which means downside momentum is still present. This is a good opportunity to get in on a short trade and place a stop loss above the trendline that was broken, aiming for a take profit that grants a 1:1.5 RR.