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GBPUSD forming a really strong reversal, prepare for a potential

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Tickmill Broker  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD gbpusdshort gbpusdlong gbpusdsignal gbpusdtrade gbpusdidea gbpusdanalysis gbpusd_forecast gbpusdsetup
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trendanalysis harmonicpatterns chartpattern gbpusd gbpusdshort gbpusdlong gbpusdsignal gbpusdtrade gbpusdidea gbpusdanalysis gbpusd_forecast gbpusdsetup
GBPUSD forming a really nice cup and handle reversal with price breaking our major level at 1.4087. A strong drop could occur below 1st resistance at 1.4087 (Fibonacci retracement, horizontal overlap resistance, cup and handle breakout level) that could push price all the way down to 1.3925 support (Fibonacci retracement, horizontal overlap support).

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