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ThinkingAntsOk

GBP/USD Potential Drop by ThinkingAntsOk

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ThinkingAntsOk  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP USD GBPUSD pound short Bearish Patterns analysis setup
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trendanalysis supportandresistance mtfa gbp usd gbpusd pound short bearish analysis setup
🔸4H CHART EXPLANATION:
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🔸 Price bounced at the Resistance Zone.
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🔸 It has broken the Ascending Trendline.
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🔸 There is a lower timeframe corrective structure, which if it is broken to the downside, could lead to a bearish move.
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🔸 The potential target area is the Support Zone.

🔸DAILY CHART ANALYSIS:

snapshot

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