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Nov 22, 2020 12:18 PM

GBPUSD Bearish Outlook Short

OANDA:GBPUSD1D
GBP/USDOANDA

Description

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The pair has been inside an ascending channel pattern since September. Currently, the price has reached the 78.6% Fibonacci retracement level and has completed the wave E. A bearish move is expected for next week.
Trend AnalysisChart PatternsHarmonic PatternsGBPUSDBearish PatternsUSDDXYForexGBPCADgbpcadshort
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