Get started
DAY_PROFITS

GBP/USD Short from dynamic trendline and 50% FIBO SHORT

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
DAY_PROFITS  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns GBPUSD
2
0
trendanalysis indicator chartpattern gbpusd
GBP/USD following our recent Forecast continues to fall down after a Double top and pullback on Dynamic resistance plus the confluence of 50% Fibonacci . The price remains under the 20 and 50 Moving average, the stochastic showed the value exit from the Overbought area, and the RSI on the bearish side all clues for a Bearish continuation trend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.