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GBPUSD broke strong key support, big upcoming drop!

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
easyMarkets Broker  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD GBP USD gbpusdlong gbpusdshort Forex forexanalysis
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trendanalysis harmonicpatterns chartpattern gbpusd gbp usd gbpusdlong gbpusdshort forex forexanalysis
Price has broke a key support level at 1.2973 (short term descending line, horizontal pullback resistance, 23.6% Fibonacci retracement) and we’re seeing strong bearish pressure from our descending resistance line. RSI is also seeing bearish pressure from our descending line. We expect to see a drop all the way down to 1.2774 (61.8% Fibonacci retracement, horizontal swing low support) from here.
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