JohnnyPurtoy98

GBPUSD - Bearish englufing!

Short
FX:GBPUSD   British Pound / U.S. Dollar
A bearish engulfing candle has formed as the price moves closer to the resistance level of this bearish channel. It looks like to me that the price of this pair is going to be negative over the next few days. I think the price would move down from here towards the support level of the channel, we have seen a shooting star form as well, which makes this signal much more significant. I will keep everyone updated on this pair over the coming days. If anyone needs any help just comment or private message me and I will try my best to help.

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