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decmcl
Jun 25, 2020 7:44 PM

GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

~ Apologies for the lack of uploading ~

Price has been in a wedge for sometime and finally broken out towards the downside. Price has made its first move up since moving out of the wedge and should begin to move downwards now. Price has hit previous S/R. Should be a simple move for a downtrend within the upcoming days.
Comments
umairkhlil
On 4 hour chart it looks like another uptrend and it also shows the divergence on RSI. More addition to dollar weakness after virus surge again.. what do you think?
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