GBP/USD Bearish Forecast
🔸DAILY CHART ANALYSIS:
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🔸Price did a double top at the Resistance Zone and bounced.
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🔸It has broken the Ascending Channel, and we can observe that now price is making a corrective an retesting a strong supply zone.
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🔸Our bearish scenario takes the Support Zone as the main target of the downside move in case it happens.
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🔸 We are waiting for a clear breakout of the corrective structure.
.
.
🔸Price did a double top at the Resistance Zone and bounced.
.
🔸It has broken the Ascending Channel, and we can observe that now price is making a corrective an retesting a strong supply zone.
.
🔸Our bearish scenario takes the Support Zone as the main target of the downside move in case it happens.
.
🔸 We are waiting for a clear breakout of the corrective structure.
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