Price has rejected the resistance (dotted lines) and has fallen bellow the trend line.
Price is moving below 8 EMA and 21 SMA
Price retested the trend line and going down ATM
GBPUSD ANALYSIS - BEAR
Price is moving below 8 EMA and 21 SMA
Price retested the trend line and going down ATM
GBPUSD ANALYSIS - BEAR
Trade closed: target reached
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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.