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GBP/USD: Continuation of bearish trend

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
WallStreetIntelligence Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdshort Forex majors POC BOX swingtrade trendtrade
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trendanalysis chartpattern waveanalysis gbpusd gbpusdshort forex majors poc box swingtrade trendtrade
GBP/USD: Continuation of bearish trend

> Overarching bearish trend
> Bullish correction broken to the downside
> 200er MA + POC above current price
> Bearish Engulfing Trigger + Follow-up candle

Probablity of a short move high. Please manage your risk in the current markets. Markets are very skittish and irrational. We are trading with 0.5% maximum.

Best
Meikel & Team WSI
Comment:
Quiet a big pullback, but no HH yet.
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