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Jun 20, 2018 5:46 PM

1D Channel Down. Short. Short

British Pound / Norwegian KroneFOREX.com

Description

GBPNOK is on a 1D Channel Down (RSI = 43.982, MACD = -0.036, Highs/Lows = 0, B/BP = -0.0375), and was just rejected on the soft Resistance (blue dotted line). 10.68907 is a strong 1D, 1W support and this is our TP. If it breaks then then downtrend will continue.
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