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T3-Consultancy

GBPUSD H1: Bearish outlook seen, further downside below 1.08432

Short
British Pound / U.S. Dollar (PEPPERSTONE:GBPUSD)  
T3-Consultancy  
PEPPERSTONE:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
1
0
trendanalysis
Prices have formed a range between 1.08432 and 1.0632 after a 4% drop earlier this week. General sentiment is bearish for GBP and hence, sells are favoured at the 1.08432 level with the target the bottom of the range at 1.0632 and a lower target at 1.03991.
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