GBP/USD Technical analysis Short

British Pound/U.S. DollarFXCM

Description

⋅ Sep 10, 2018 7:00 AM

The GBP/USD pair is currently below its daily pivot level.
It has formed a strong bearish engulfing candle in 1-hour time frame.
Hence we expect the pair to move towards its support placed at 1.28722 or even to strong support at 1.27894.