FX:GBPUSD   British Pound / U.S. Dollar
- Head and shoulder pattern on both W and D chart
- 1.40000 level been used as support and resistance level multiple times
- Second touch of 1.40000 level (right shoulder) for a retest
- Previous HL have been broken and now a new LL has been made
- Nice bearish engulfing candle on D chart at key support/resistance area (1.40000)
- 61.8 fib level also supporting 1.40000 level
- Can see price going down to 1.33000