GBPUSD continued to climb through the week after a strong rebound from last Friday.
As of yesterday, the recovery snaps as it fell through a rising trendline and broke into a lower low.
It is still unsure if the bearish trend has resumed but certainly the recovery has stopped and we can start looking to sell the pullback.
We will be waiting for further pullback into the 1.3608 - 1.3625 area to sell again.
As of yesterday, the recovery snaps as it fell through a rising trendline and broke into a lower low.
It is still unsure if the bearish trend has resumed but certainly the recovery has stopped and we can start looking to sell the pullback.
We will be waiting for further pullback into the 1.3608 - 1.3625 area to sell again.
