moharsh2011

GBPUSD need more atttention next week

FX:GBPUSD   British Pound / U.S. Dollar
This pair needs more attention next week, No confirmation has arrived yet, But see the 4hr chart, the double top has formed at the resistance level twice and strong bearish candle formed after indecision spinning top or doji candle at the same resistance level, Also the inverted hammer formed in red candle in last four hour after the strong bearish candle, It indicates heavy selling pressure in last 8 hours, This pair needs close watch as it possible chance of breaks down the support next week and it will go down, Anyways needs further confirmation to take a call.

DISCLAIMER: This is purely for an educational purpose, I am not giving an call. Lets learn together.
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