GBP remain bearish on daily. Downtrend has not been broken. Price is likely to make new lower low or at least, test the last low.
Hence I am looking for shorts from 8 weekly ema and June close (price just tested June close).
As for July 28th, 2022, 61 percent of retailers remain long for now - another indication that price is unlikely to follow them.
For educational purposes only.
Hence I am looking for shorts from 8 weekly ema and June close (price just tested June close).
As for July 28th, 2022, 61 percent of retailers remain long for now - another indication that price is unlikely to follow them.
For educational purposes only.
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.
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.