GBPUSD getting ready for the next drop!
Hey guys,
Today based on the chart, we can see a a good rejection of price from a resistance level and finally the uptrend movement on hourly chart, is broken.
So we can conclude that the continuation of bearish movement(in larger scale) would be highly possible.
Today based on the chart, we can see a a good rejection of price from a resistance level and finally the uptrend movement on hourly chart, is broken.
So we can conclude that the continuation of bearish movement(in larger scale) would be highly possible.
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.