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MountOlympusFx

GBPUSD SELL: Weekly, Daily & 4hr breakdown analysis.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
MountOlympusFx Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD Forex
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trendanalysis harmonicpatterns chartpattern gbpusd forex
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- GBPUSD W: GU market structure is still bearish. Recent rejection off 1.3115. Next long term target 1.2800 support.

- GBPUSD D: New lower high formed with shooting star and bearish engulfing signalling reversal. Series of lower highs to show sellers pushing market lower. Next short term target 1.2950, if that breaks then we will see 1.2800

- GBPUSD 1hr: After break below 1.3045 now waiting for retest & spike up to trendline for 3rd touch then sell off to 1.2950.

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