FX.co ★ GBP/USD analysis for November 27, 2018

Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2754. According to the H1 time – frame, I have found the breakout of the bearish flag and a potential end of the upward correction, which is a sign that sellers are in control. The short – term trend is bearish. My advice is to watch for selling opportunities. The downward targets are set at the price of 1.2696 and at the price of 1.2660.