TradingView
Yearn-Forex
Jul 5, 2018 9:35 PM

GBPUSD: Likely to retest support.  Short

GBP/USDOANDA

Description

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.


YEARN-FOREX
More