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GBPUSD: Bearish Outlook Explained 🇬🇧đŸ‡ș🇾

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Brittiska pund/Amerikanska dollar (OANDA:GBPUSD)  
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OANDA:GBPUSD   Brittiska pund/Amerikanska dollar
Trend Lines Candlestick Analysis Wave Analysis GBPUSD DJ FXCM Index USD dollar pound GBP forecast gbpusdsignals gbpusdsignal
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trendline candlestick waveanalysis gbpusd usdollar usd dollar pound gbp forecast gbpusdsignals gbpusdsignal
snapshot

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



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