GBPUSD is facing bearish pressure | 8 Mar 2021

Name: GBPUSD is facing bearish pressure | 8 Mar 2021
Uploaded: 2021-03-08T01:22:04.729933
Channel: FXCM
Description: Price is facing bearish pressure from our descending trend line and we could see a further drop below this level. 20 EMA is showing signs of bearish pressure as well, in line with our bearish bias.

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Harmonic Patterns Chart Patterns GBPUSD GBP USD

trendanalysis harmonicpatterns chartpattern gbpusd gbp usd

Price is facing bearish pressure from our descending trend line and we could see a further drop below this level. 20 EMA is showing signs of bearish pressure as well, in line with our bearish bias.

Comment:

GBPUSD is facing bearish pressure | 8 Mar 2021

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