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polebarn
Nov 19, 2018 10:19 PM

H4 GU CONTINUE DOWN TREND Short

British Pound/U.S. DollarFXCM

Description

This is my analysis on GU for the short term. I like the H1 & H4 as it gives a short term view into how this pair will respond. Overall, the trend is still down on H4 timeframe while the D1 continues to chop sideways as many traders are at a crossroads to know what to do. However, this may or may not be an accumulation period for bigger buyers. Feel free to leave comments!
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