Mahtab_Tradia

GBPUSD Resistance Rejection

Short
FX:GBPUSD   Livre sterling / Dollar américain
As you see in the 4H chart, price has been rejected and pushed to the downside after retesting the red resistance zone.

Currently, price is making a reversal double top pattern and is facing a downside pressure.

If it breaks the yellow support level which is also the neckline at 1.3572 and closes a bearish 4H candle below this level, I expect a drop on GBPUSD to the green support zone around 1.35

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