GBPUSD; Lower High Warns of an Impending Reversal

FX:GBPUSD   British Pound / U.S. Dollar
After having a great run in 2017, bulls failed to make a new high in the daily chart . In the past week, UK PMI reports all disappointed. If the recent swing low @ 1.3711 is broken, we can safely assume the uptrend is over and a lengthy downward correction will commerce.

Good luck,

Ali Sharifazadeh, CFTe
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out