GBPUSD: Bearish Continuation & Bearish Outlook 🇬🇧🇺🇸

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

Elliott Wave Head and Shoulders Support and Resistance DJ FXCM Index dollar USD Forex GBP pound trading Technical Analysis

elliottwaves headandshoulders supportandresistance usdollar dollar usd forex gbp pound trading technicalanalysis

snapshot

Hey traders,

As I predicted, GBPUSD dropped nicely on Friday.
The price broke and closed below a horizontal neckline of a head & shoulders pattern.

I believe that the pair may keep falling.
Next goal for sellers is 1.218 support.

❤️If you have any questions, please, ask me in the comment section.
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