AariTech

GBPUSD intraday analysis : 05 May

Short
FX:GBPUSD   British Pound / U.S. Dollar
price is retesting ascending trendlines multiple times with increased potential of breaking below... sell towards support level on break below trendline , more bearish pressure may come on sell below support..

Meanwhile if price manages to close above descending trendline due to fundamental news on USD later in <us< session we may see long continuation in pair..

Till then bias remains negative in GBPUSD
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