Get started
pofseur

GBPUSD Short Trade Setting Up

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
pofseur  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdsell Divergence macddivergence Forex technicalindicators Technical Analysis
5
1
trendanalysis chartpattern indicator gbpusd gbpusdsell divergence macddivergence forex technicalindicators technicalanalysis
Hello Traders,

Hidden Bearish Divergence is forming on the 1D MACD/Price Chart for the GBPUSD. RSI is also hitting a moderate resistance level nearing OVERSOLD territory. I will be watching for the close of the current candle to finish the formation of Hidden Bearish Divergence.


Thanks for reading. If you liked my analysis, please give me a follow.

*The above is not investment advice but simply my analysis of the current market conditions*
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.