GBPUSD should fall decently to 1.27500 PSY level, if it breaks this rising wedge. Price has rejected the 50SMA on the 4H timeframe. There is a regular bearish divergence on the 1H timeframe
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.