• Vasily Trader

GBPUSD: Very Bearish Outlook

GBPUSD reached a major falling trend line last week.

Taking into consideration that the pair is trading in a bearish trend ,

chances are high to see a bearish continuation now.

Our confirmation is a double top formation & confirmed bearish breakout of 1.373 horizontal support.

I believe that the pair will drop to 1.3585 level soon.