GBPUSD: Important Breakout & Bearish Outlook For Next Week

Short

Livre sterling / Dollar américain (OANDA:GBPUSD)

OANDA:GBPUSD Livre sterling / Dollar américain

parallelchannel rectangle candlestick gbpusd usdollar usd dollar forex pound forecast gbpusdsignals gbpusdshort

GBPUSD was consolidating within a horizontal range since the beginning of August.
After the Powell's speech yesterday, the market dropped and violated a support of the range.

It makes me think that the pair will go lower.
Next goal will be 1.2516

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