FX:GBPUSD   British Pound / U.S. Dollar
I posted this technical indicator few days showing the blue/red line beginning to close in order to cross each other . When red gets above the blue line, it suggests the bears are stronger and the odds of any bullish move become very thin. As we can see the red/blue line are starting to touch each other and cross over. Once that’s done, we will be dropping to at least 1.27 and potentially 1.25. Don’t be caught in a buy.
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