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Mihai_Iacob

GbpUsd- New leg down?

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdsell
23
5
trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdsell
After reaching and spiking above 1.35 resistance, GbpUsd dropped hard yesterday with an intraday low at 1.3220. The pair managed to recover most of the losses and finished the day at 1.3374.
A new leg down could be in cards for Gbp and this would compleat the correction under 1.32 zone.
I'm bearish on short term as long as the price is under 1.3450 zone
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