GBPUSD: Bearish Reversal From Trend Line 🇬🇧🇺🇸

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

OANDA:GBPUSD British Pound / U.S. Dollar

Trend Lines Candlestick Analysis Multiple Time Frame Analysis GBPUSD DJ FXCM Index USD dollar Forex trading techincalanalysis Contains image

trendline candlestick mtfa gbpusd usdollar usd dollar forex trading techincalanalysis containsimage

snapshot

GBPUSD reached a major rising trend line.
After a strong bullish movement, the market looks oversold
and the formation of a bearish engulfing candle is a perfect indication
of the local weakness of the buyers.

I will expect a pullback to 1.286

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