Bearish Continuation of
GBPUSD
on daily and hourly timeframe
Price is making lower lows and lower highs on daily time frame.
on 1H timeframe, start of bearish trend.
Might be a Short trade with following target prices
Sell
Entry = 1.36639
Stop loss = 1.37021
Target Price 1 = 1.36213, on 1H timeframe, as this level might be a tested as a support area
Target Price 2 = 1.34354, for daily timeframe
GBPUSD
on daily and hourly timeframe Price is making lower lows and lower highs on daily time frame.
on 1H timeframe, start of bearish trend.
Might be a Short trade with following target prices
Sell
Entry = 1.36639
Stop loss = 1.37021
Target Price 1 = 1.36213, on 1H timeframe, as this level might be a tested as a support area
Target Price 2 = 1.34354, for daily timeframe