A BEARISH ANTICIPTION ON GBPUSD
From the weekly Time frame, GBPUSD has reached a possible reversal point @ 1.2800 and it is characterized with a bullish rejection candle on the 1D Time Frame.
Further more, an inside bar was formed around 1.27716 and 1.27664 and a bearish engulfing candle followed by a false breakout, which led to touching the Supply one @ 1.2799 on the 4H Time Frame from the previous day.
Further more, an inside bar was formed around 1.27716 and 1.27664 and a bearish engulfing candle followed by a false breakout, which led to touching the Supply one @ 1.2799 on the 4H Time Frame from the previous day.
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