GBP remain bearish on daily. Downtrend has not been broken. Price is likely to make new lower low or at least, test the last low.
Hence I am looking for shorts from 8 weekly ema and June close (price just tested June close).
As for July 28th, 2022, 61 percent of retailers remain long for now - another indication that price is unlikely to follow them.
For educational purposes only.
Hence I am looking for shorts from 8 weekly ema and June close (price just tested June close).
As for July 28th, 2022, 61 percent of retailers remain long for now - another indication that price is unlikely to follow them.
For educational purposes only.