GBP/USD Hook Sample for a New Bearish Impulse

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The GBP/USD has shaped 1-2-3 sample and this can be a U-turn after a retracement. Promote trades are going nicely and the market is bearish.

The pattern line reveals a bearish continuation transfer as the value was unable to interrupt the earlier excessive. We have now a continuation after the POC 1.3875-1.3900. Shut beneath 1.3799 might be bearish for the pair and we must always see a continuation in direction of 1.3749 and 1.3680. Market is bearish and there’s no signal of the pattern change. Promoting the rallies continues.

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Cheers and secure buying and selling,

Nenad

 



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