GBPUSD has moved up quite high, approaching a weekly resistance level. 20 EMA left behind about 200pips.
Potential reversal on this chart. Waiting patiently for price action to produce some sort of reversal pattern.
Potential reversal on this chart. Waiting patiently for price action to produce some sort of reversal pattern.
Note
GBPUSD burst through resistance level at the end of New York session. Will wait for next candle to form.
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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.