xosignals

#GBPUSD, Will follow the direction of the Euro?

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Bear model
This week the gbpusd broke support at 1.2556 and this usually reinforces declines
The gbpusd is on a descending channel from November 2017
The gbpusd is under the red Ichimoku cloud.
The DXY (Dollar) model is a bullish model, which strengthens the probability that the gbpusd will be on the way down
Target: 1.2155
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