Senior_Chartist

GBPUSD price action analysis.

Short
FX:GBPUSD   British Pound / U.S. Dollar
This pair has approached a major trendline and a resistance level at 1.29765. The volume has also gone down implying buyers are taking their profits. It seems a good time for this pair to turn bearish to support level 1.27388.

Feel free to comment on your opinion.
Thanks for your likes and comments.

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.