GBPUSD: Bearish Outlook Explained 🇬🇧🇺🇸
https://www.tradingview.com/x/X8YkeLlb/
GBPUSD is trading in a strong bearish trend.
After the price set a new lower low on a daily, the price retraced to a falling trend line.
Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish
reaction.
I believe that the market may easily retest the local lows now.
Goal - 1.214
❤️Please, support my work with like, thank you!❤️
GBPUSD is trading in a strong bearish trend.
After the price set a new lower low on a daily, the price retraced to a falling trend line.
Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish
reaction.
I believe that the market may easily retest the local lows now.
Goal - 1.214
❤️Please, support my work with like, thank you!❤️
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Disclaimer
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.