Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPUSD SHORT!
British Pound / U.S. Dollar
Short
GBPUSD SHORT!
By matthewwrightt
Follow
Follow
Jul 29, 2020
5
2
2
Jul 29, 2020
Moved to the top of a channel.
Testing the 1.2950 area
Clear divergence between the price action making higher highs, whilst RSI and MACD are making lower highs.
Oversold on the daily chart, at levels last seen December 2019.
Expecting at least a 50% retracement on the Fib.
Trend Analysis
matthewwrightt
Follow
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
.