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Yearn-Forex

GBPUSD: Likely to retest support.

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Yearn-Forex  
OANDA:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Supply and Demand Candlestick Analysis
1
0
supportandresistance supplyanddemand candlestick
The market has been in a bearish trend and is retesting previous support turned resistance. The most obvious move for the next leg is to retest support at 1.305.
The daily candle has also closed as a bearish pinbar at resistance giving more confluence to potential downside.
Trade with caution as NFP results will be released before the close of the trading week.


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