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MarcellusLUX

Bearish P.A. at the top of the channel, downtrend expected

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
MarcellusLUX  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdanalysis gbpusdshort gbpusdsignal gbpusdtrade gbpusdidea
13
4
trendanalysis chartpattern beyondta gbpusd gbpusdanalysis gbpusdshort gbpusdsignal gbpusdtrade gbpusdidea
Bearish candlesticks have formed in the 4-hour chart in GBP/USD at the top of the channel.
So, I am expecting a continuation of the downtrend in GBP/USD.

Traders can sell GBPUSD@1.3855-1.3875 with SL above 1.39 and TP at 1.3765
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