GBPUSD: Two Bearish Confirmations
I spotted two significant bearish signals on 📉GBPUSD.
Following a substantial bearish movement, the pair began to gradually rise within a bearish flag pattern on the 4-hour chart.
Additionally, a double top pattern was formed within the boundaries flag
Today, the price broke through both the flag's support and the neckline of the double top, providing strong technical confirmation.
I believe the market could decline to 1.2664 soon.
Following a substantial bearish movement, the pair began to gradually rise within a bearish flag pattern on the 4-hour chart.
Additionally, a double top pattern was formed within the boundaries flag
Today, the price broke through both the flag's support and the neckline of the double top, providing strong technical confirmation.
I believe the market could decline to 1.2664 soon.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.