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The GBPUSD Trading Below Support

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
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FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Support and Resistance Pivot Points fx Forex GBPUSD breakout cable support Bearish Patterns trendtrading pivotsupport
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trendanalysis supportandresistance pivotpoints fx forex gbpusd breakout cable support bearish trendtrading pivotsupport
Last post: June 14th. See chart.

Review: Price had weakened over 100 pips since bouncing off resistance but needed to break and close below support.

Update: Price is currently trading below support but need to see a close below support by the end of the trading day.

Conclusion: Applying patience to see if the break and close is confirmed which will suggest a bear trend continuation.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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