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Mihai_Iacob

GbpUsd is in strong sell zone

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Mihai_Iacob  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdsell
30
7
trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdsell
Since June 1.42 high, GbpUsd is in a clear downtrend.
The pair broke under support last week, and after a local low at 1.34 is correcting
At this moment GbpUsd is facing strong resistance and a fall could follow
The bearish scenario is negated only if the pair manages to break above 1.3750
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