GBPUSD: Top-Down Analysis & Bearish Setup ๐ฌ๐ง๐บ๐ธ
https://www.tradingview.com/x/ufs7yv88/
GBPUSD is under a strong bearish pressure.
The price successfully violated 1.23 key daily support and closed below that.
Retesting the broken structure, the price formed a tiny cup & handle pattern.
The breakout of its neckline is a sign of strength of the sellers.
The pair may continue falling.
Support - 1.225
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GBPUSD is under a strong bearish pressure.
The price successfully violated 1.23 key daily support and closed below that.
Retesting the broken structure, the price formed a tiny cup & handle pattern.
The breakout of its neckline is a sign of strength of the sellers.
The pair may continue falling.
Support - 1.225
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