GBPUSD: Very Bearish Outlook

GBPUSD broke and closed below a key daily structure support .
The broken structure turned into resistance now.

Taking into consideration that the pair is quite overbought on a daily,
it will most likely drop from that at least to 1.195 support.

Be prepared for a bearish continuation.

:heart:If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!:heart:

1 Like