weakness seen in GBPUSD
Price has broken below the support that it has tested a few times (1.49). In addition to this the diagonall trendline has also been broken and price has closed below (on the hourly chart) as well. The move has gone a little too far for my liking so I will wait for a small retracement to enter a short trade
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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.