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GBPUSD: Bearish Continuation
British Pound / U.S. Dollar
Short
GBPUSD: Bearish Continuation
By VasilyTrader
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Oct 23, 2019
6
8
17
17
Oct 23, 2019
hey traders,
those who missed short from higher structure levels on GBPUSD
still, have an opportunity to catch a selling wave.
on 1H chart we see a formation of a head and shoulders pattern,
and the market has already broken below the neckline.
taking into account high accuracy of this pattern,
I expect to see bearish continuation to lower levels of structure.
Target levels are 1.28 and 1.27
Chart Patterns
Currencies
dollar
Forex
GBP
GBPUSD
pound
Technical Analysis
trading
Trend Analysis
USD
Wave Analysis
VasilyTrader
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