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Mihai_Iacob

GbpUsd- preparing for a 500 pips drop

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 gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdsetup
15
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdsetup
As I said in my past GbpUsd analysis, the pair could be in a large double top at this point with confirmation coming with a break under 1.37
I believe we will have this break and cable could drop 500 pips.
Only the price back above 1.4 would change this bearish outlook
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