FXHighway
Short

GBP USD activates the negative pattern

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
21 0 1
The GBPUSD             pair achieved a strong break to the critical support 1.6585, which represents a neckline for a triple top pattern appears in the chart, and holding with a daily close below this support activates the negative effect for this pattern, where its main targets located around 1.6335

The bearish bias will be preferred for today, supported by the bearish trend that appears on Stochastic , this decline remains valid until the price succeeds to breach 1.6585 – 1.6620 and holding above them.
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