GBPUSD: Top-Down Analysis & Bearish Setup 🇬🇧🇺🇸

OANDA:GBPUSD   British Pound / U.S. Dollar

GBPUSD is under a strong bearish pressure.
The price successfully violated 1.23 key daily support and closed below that.

Retesting the broken structure, the price formed a tiny cup & handle pattern.
The breakout of its neckline is a sign of strength of the sellers.

The pair may continue falling.
Support - 1.225

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