GBPUSD: Very Bearish Outlook 🇬🇧🇺🇸

Short

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

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

trendline supportandresistance chartpattern gbpusd swing swingtrading forecast trader currencies

GBPUSD reached a major falling trend line last week.
Taking into consideration that the pair is trading in a bearish trend,
chances are high to see a bearish continuation now.

Our confirmation is a double top formation & confirmed bearish breakout of 1.373 horizontal support.

I believe that the pair will drop to 1.3585 level soon.

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Comment:

Check my new idea on CHFJPY:

CHFJPY: Key Weekly Resistance & Correctional Move 🇨🇭🇯🇵

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