GBPUSD forming a really strong reversal, prepare for a potential

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Brittiska pund/Amerikanska dollar (FX:GBPUSD)

FX:GBPUSD Brittiska pund/Amerikanska dollar

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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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