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Ethan_FX
Jul 3, 2020 8:31 AM

GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

While looking through major pairs this morning this one stood out more than any other. A nice retest of support turned resistance (1.2491). EMAs have crossed over, RSI in below 50, MACD fast in under lagging and Stochastic just about to cross also. There is a slight divergence on the RSI to the 1hr chart. This could be a sign of a trend reversal.
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