BEARISH CONTINUATION
GBPUSD
The bears has been gaining momentum throughout the previous day, with few abortive bullish retracement. during the non active period of the London and US market, price in the hourly time frame gained a bullish push up which is the current edge to the bearish continuation move.
we are currently waiting for a bearish continuation pattern to emerge so as to break the BEARISH CONTINUATION TARGET ZONE IN THE CHART ABOVE, once the zone is broken,THE BEARISH PROFIT TARGET ZONE becomes the ideal level.
The bears has been gaining momentum throughout the previous day, with few abortive bullish retracement. during the non active period of the London and US market, price in the hourly time frame gained a bullish push up which is the current edge to the bearish continuation move.
we are currently waiting for a bearish continuation pattern to emerge so as to break the BEARISH CONTINUATION TARGET ZONE IN THE CHART ABOVE, once the zone is broken,THE BEARISH PROFIT TARGET ZONE becomes the ideal level.
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