GBPUSD 02-06 March 2020
Updated
The pair has finally moved out of its support area but reached an earlier support area that was produced during the price ascent. It, therefore, might retest these s/r levels before it moves further downwards. My general view for the pair is bearish.
Trade active
It seems the PA has decided to hit our TP1 on the very first day of the week. :)Trade active
The pair reached our TP1 for shorts 3 times. The bears are fighting the bulls to break the support. :)Trade closed manually
After a long bullish run, it seems the bears are in charge once again.
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