GBP/USD has been on a long-term downtrend, and it has recently pulled back to the 50-EMA, which is generally a good resistance area for shorts to come in.
The overall trend is still bearish despite the recent small move up.
Will be looking to short on more bearish price confirmation.
The overall trend is still bearish despite the recent small move up.
Will be looking to short on more bearish price confirmation.
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Free video tutorials: wp.me/P1riws-7uH
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.