Resistance: 1.5621 moderate/1.5675 strong/1.5727 moderate
Support: 1.5569 minor/1.5515 minor
The Three Outside Down in 4-Hour charts is a confirmation of the overall bearish trend for GBPUSD. With moderate resistance at 1.5621 consider shorts at market given the high credibility bearish pattern with a stop loss above it. Alternatively stops could be placed above the pattern high. Immediate objective is 1.5569, break of which opens us to a sell-off to 1.5515.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices