in the daily timeframe, recently this pair fell down and approaching EMA-50.
in H4 recently very clear chart made a rejection and look like tries to forming a Falling Wedge with a steep angle.
later, If the line of middle top support/resistance is broken, that must be a new signal for sell.
in H4 recently very clear chart made a rejection and look like tries to forming a Falling Wedge with a steep angle.
later, If the line of middle top support/resistance is broken, that must be a new signal for sell.
Note
better, Sell if chart is below of green lineNote
GBPUSD will rising up before bounced to downside :
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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.