InvestingScope

GBPUSD: Looking for a symmetrical Lower Low. Short.

Short
FX:GBPUSD   British Pound / U.S. Dollar
The pair is trading within a 1D Channel Down whose primary indicators show that it has hit a Resistance level (RSI = 47.109, MACD = -0.003, Highs/Lows = 0.0000, BBP = -0.0006). The Channel should aim next at a symmetrical -1.78% Low. We are short, TP = 1.22560.




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