JeffersonTrades

GBP/UISD long term forecast

FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD has been on neat downtrend since January this year and we currently see an M pattern formation on the daily with resistance below neckline, we might as well continue bearish if we keep seeing resistance below neckline as marked on charts.

I will consider going long only if I see signs of strength above level A as marked on charts since it has consistently served as a level of resistance

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