GBPUSD Start of the next bearish run ?

Hi traders:

Looking at GBPUSD for the next bearish run on the higher time frame.

Here on the intraday chart, after price dropped down from the top, we see a period of consolidation of price.

Few structure were formed to correct the overall down move, and latest price shows us some good reversal price action.

We see a recent double tops, and a reversal structure on the LTF to push the price down, good indication this can be the start of the next bearish move.

To be more safe, I would want to see price break of of this current channel like structure, and form continuation correction to get in the sell.

Thank you

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Yorum:

Still looking for a potential sell setup here.

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