I will re-open sell if H1 candle closes under the downward trend line
Other reasons:
1. GBPUSD made another fake broke of vital resistance level. Downward is expected.
2. Stoch shows over-bought in both H1 and H4
3. RSI is near 70 in H1
Other reasons:
1. GBPUSD made another fake broke of vital resistance level. Downward is expected.
2. Stoch shows over-bought in both H1 and H4
3. RSI is near 70 in H1
Trade active:
H1 candle closed under the trend line. Sell position is active.
Comment:
If price is confirmed to breach daily support level 143.315, it will most likely move down to at least 142.000
Comment:
Price is still in the daily support region.