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Mihai_Iacob

GbpUsd could drop to 1.25

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdsetup signals signalservice signalprovider Contains image
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trendanalysis chartpattern indicator gbpusd gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdsetup signals signalservice signalprovider containsimage
For almost 2 months now, GBPUSD has been trading in a clear range between 1.28 and 1.26.
Friday the pair reversed strongly from resistance and dropped quickly at support.
A break under this support level could lead to a continuation of the drop to 1.25.
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