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FX.co ★ GBPUSD M5: Bearish Flag

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Technical Analysis Patterns

2024-12-18T08:01:17
Signal strength 1 of 5

GBPUSD M5: Bearish Flag

Bearish FlagThe Bearish Flag pattern has been formed on the chart GBPUSD M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 1.2684, traders should enter the market.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by GBPUSD