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GBPUSD: Top-Down Analysis & Bearish Setup 🇬🇧🇺🇸
British Pound / U.S. Dollar
Short
GBPUSD: Top-Down Analysis & Bearish Setup 🇬🇧🇺🇸
By VasilyTrader
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Sep 22, 2023
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Sep 22, 2023
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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Cup And Handle
dollar
forecast
GBP
GBPUSD
Multiple Time Frame Analysis
pound
signals
Support and Resistance
USD
DJ FXCM Index
VasilyTrader
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