TipTVFinance

GBP/USD – Bears reinforced, retreat to 1.3060 likely

FX:GBPUSD   British Pound/U.S. Dollar
Pair’s sharp drop to below 1.32 (and minor rising trend line level) adds credence to the bearish dark cloud cover formation noted last week and open doors for a retreat to 1.3059 (Aug 30 low).

On the higher side, only a move back above 1.3347 (Sep 12 high) would signal bearish invalidation.
RajveerSingh
2 months ago
do u think it will go bullish from here ?
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TipTVFinance PRO RajveerSingh
2 months ago
Looks difficult
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dchua1969
2 months ago
awaiting for a pull back to the line before taking a shot... watching USD chart closely, it is making a steep climb on the 1 hr chart and I hope i would pull back so we can long the major pair
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