GBP/USD MASSIVE downtrend continues!

OANDA:GBPUSD   British Pound / U.S. Dollar
Downtrend continues...

The price is currently at 1.2123.
I expect the next leg down (shown by the arrow). The purple line is the next buy point, expect a possible trend reversal here (around 1.205).

This downtrend towards the buy point is also supported by the bear flag shown by the trend lines . The price could also move up a little before making the next leg down.

New! — BuzzWeekly updates coming soon!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out