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#GBPUSD, The downtrend is still here

Short
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
xosignals  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdforecast
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsell gbpusdforecast
The pound has reached a resistance line (the average line is moving 100) and it may respond to declines especially that we have not yet departed from the downtrend.
The RSI + Stochastic fully supports the Bear Model theory.
Target: 1.2170
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