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Peet_Serfontein

GBPUSD: bearish bias applicable?

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Peet_Serfontein  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
A bearish trend is applicable below 1.2160. Crossing above this level will negate the negative stance.
Further bearish trend support below 1.2130.
Consolidation range from 1.1985 to 1.2105.
Crossing below 1.1985 might target 1.1870.
Crossing above 1.2105 might be the first sign of pending strength.
Crossed below major support.
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