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GBPUSD :Drops below 1.2700 on notable US Dollar demand

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Trader_BrianFX Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex GBPUSD SELL buy
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trendanalysis chartpattern indicator forex gbpusd sell buy
Hello everyone, as we anticipated, GBPUSD has continued its downward adjustment under the rebounding strength of the USD. The current trading price is at 1.268, firmly entrenched within the bearish channel.

The next goal is to push this pair towards the 1.2625 support level, after all significant previous defenses have been breached by sellers.

So, what about you? Are you planning to continue selling this currency pair ?
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