GBPUSD: Bearish Outlook For Next Week Explained 🇬🇧🇺🇸

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Libra Esterlina/Dólar Americano (OANDA:GBPUSD)

OANDA:GBPUSD Libra Esterlina/Dólar Americano

Elliott Wave Candlestick Analysis Supply and Demand GBPUSD DJ FXCM Index USD dollar Forex trading pound trader forecast

elliottwaves candlestick supplyanddemand gbpusd usdollar usd dollar forex trading pound trader forecast

snapshot

The month of May turned out to be quite bearish for GBPUSD:
the pair keeps breaking multiple supports.

An important demand zone was broken last week.
1.2345 - 1.2408 are turned into a strong resistance now.

I willl expect a bearish reaction from that at least to 1.2285.

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