Technical view GBPUSD

Updated

Price has formed double tops at 1.2260-1.2270 and brgin to fall but we wait for breaking the minor upward line to confirm the sell entry.
Confluences:
1-Primary trend is bearish bias at Daily chart.
2-Price is moving below EMA 200 in Daily and 4H chart.
3-Liquidity area.

Note

Note

Now we are waiting for clsing the current 4H candle to confirm whrther the price will continue its bullish corrective wave or will pullback to resume its bearish journey.

Note

walidmaksoud83

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