Technical view GBPUSD
Confluences:
1- Price is moving below EMA 200.
2- The primary trend at Daily chart is Bearish bias.
3- Price is moving below the Supply area 1.2535 which has been tested more times.
** it is expected for the price to resume the bearish bias to lower levels 1.2450 .
1- Price is moving below EMA 200.
2- The primary trend at Daily chart is Bearish bias.
3- Price is moving below the Supply area 1.2535 which has been tested more times.
** it is expected for the price to resume the bearish bias to lower levels 1.2450 .
Trade active
Trade closed: target reached
Note
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