GBP/USD - long term forecast - time to short again
- price closed on 4D chart under important resistance and moving average lines which is bearish indicator
- Stochastic relative strength index is heavy overbought which is an bearish indicator
- stop loss for short above 1.317
- last but not least the uncertainty in reference to Brexit which could bring big economic problems to the UK and GBP
Good luck to all and have a nice week !
- Stochastic relative strength index is heavy overbought which is an bearish indicator
- stop loss for short above 1.317
- last but not least the uncertainty in reference to Brexit which could bring big economic problems to the UK and GBP
Good luck to all and have a nice week !
Trade active:
price is following the drawn line - take profit at 1.275
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
