SamKent
Short

GBP/USD possible reversal formation

FX:GBPUSD   British Pound/U.S. Dollar
249 0 2
The GBP/USD             has been trending higher recently; however, it now appears the market may be looking to reverse in the near future. This is due both to the bearish divergence between price and the RSI , as well as the head and shoulders type formation, and the false upwards breakout which resulted in a shooting star candle. Therefore, all things considered, we're looking for bearish momentum to pick up and for a break of the ascending trend line.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out