GBPUSD: Technical Outlook For Next Week 🇬🇧🇺🇸

Short

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

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

parallelchannel trendline doubletoporbottom gbpusd usdollar dollar usd forex trading technicalanalysis

Hey traders,

GBPUSD broke and closed below a support line of a rising parallel channel last week.
The price retested that this week.

The pair formed a double top formation and then dropped nicely on Friday.

I will expect a bearish continuation to 1.203 level.

Good luck!

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