GBPUSD Bearish Engulfing Hourly Chart Resistance: 1.5957 minor/1.5986 moderate/1.6019 strong Support: 1.5924 minor The Hourly GBPUSD chart has a mid level bearish pattern, Bearish Engulfing. Though already in a bear market price action is already overextended. New positions should be avoided while open sells should have their stops tightened to just above the patterns high. USDJPY Bullish Harami 4-Hour Chart Resistance: 80.19 moderate/80.45 minor/80.94 minor Support: 79.70 strong/79.45
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GBPUSD Bearish Engulfing Hourly Chart