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Here is the top-down analysis for GBPUSD!
GBPUSD is approaching a strong area, a historical resistance with combination of a falling bearish trend.
Here we go, a trendline forming on h1 timeframe waiting for a new swing low to form to sell on its break downward, otherwise gbpusd will stay bullish for a short term perspective and price can still dive inside resistance zone before going down!
be patient and good luck!
feel free to request any pair/instrument!
Here is the top-down analysis for GBPUSD!
GBPUSD is approaching a strong area, a historical resistance with combination of a falling bearish trend.
Here we go, a trendline forming on h1 timeframe waiting for a new swing low to form to sell on its break downward, otherwise gbpusd will stay bullish for a short term perspective and price can still dive inside resistance zone before going down!
be patient and good luck!