Sterlina / Dollaro
Short

GBPUSD longterm downside movement??

94

- Rejection off resistance at around 1.33 price formed an evening star on the weekly
- Daily we were uptrending and price was rejecting a key sensitive area in the market of 1.28
- Bearish engulfing on the 1hour chart we have now broken daily bullish market structure
- We are currently making a corrective structure back towards support being used as resistance
- Making bullish market structure on the 1hour
- Will need to see a break and retest formation of the currently structure

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