ForexWheel
Short

GBP USD Daily Technical Analysis

FX:GBPUSD   British Pound/U.S. Dollar
Pin bar on daily chart means this pair could gradually turn our attention to the downside for few days.
Coincidentally this is also the 61.8% retracement of the fibo drawn from 1.5245 high and 1.3829 most recent low.
Today price is about to close below 38.2% of the same fibo. and also closing below my trend indicator (EMA).
if today price closes below 38.2% of the fibo. then the bearish mode is activated for next week.
Good luck with your trading.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out