GBPUSD: Very Bearish Outlook ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡บ๐Ÿ‡ธ

By VasilyTrader
Updated
snapshot

GBPUSD reached a major falling trend line last week.
Taking into consideration that the pair is trading in a bearish trend,
chances are high to see a bearish continuation now.

Our confirmation is a double top formation & confirmed bearish breakout of 1.373 horizontal support.

I believe that the pair will drop to 1.3585 level soon.

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Check my new idea on CHFJPY:
CHFJPY: Key Weekly Resistance & Correctional Move ๐Ÿ‡จ๐Ÿ‡ญ๐Ÿ‡ฏ๐Ÿ‡ต
Chart PatternsCurrenciesforecastGBPUSDSupport and ResistanceswingswingtradingtraderTrend Lines
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