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jojofang0901

GBPUSD Continue the bearish price

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
jojofang0901 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
39
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chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hi traders:

We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD.

From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down.

After, price has consolidated again, this is a good signs of continuation price action once the correction completes.

Watch for more downside setup to the previous lows.

Thank you

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