GBPUSD: Bearish Outlook Explained 🇬🇧🇺🇸
https://www.tradingview.com/x/X8YkeLlb/
GBPUSD is trading in a strong bearish trend.
After the price set a new lower low on a daily, the price retraced to a falling trend line.
Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish
reaction.
I believe that the market may easily retest the local lows now.
Goal - 1.214
❤️Please, support my work with like, thank you!❤️
GBPUSD is trading in a strong bearish trend.
After the price set a new lower low on a daily, the price retraced to a falling trend line.
Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish
reaction.
I believe that the market may easily retest the local lows now.
Goal - 1.214
❤️Please, support my work with like, thank you!❤️
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