TipTVFinance

GBP/USD retreat from 1.2988 is disheartening

FX_IDC:GBPUSD   British Pound / U.S. Dollar
Pair’s retreat from 1.2988 in the wake of a bearish price RSI divergence on the daily chart if followed by a close below the 10-DMA level of 1.2925 would signal short-term trend reversal and shall open doors for 1.2829 (May 4 low) and 1.28 levels.

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.