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GBPUSD Bearish Phase Point Towards The 1.3100 Price Range.

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
AAresearchFX Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Sine Wave Volume GBPUSD GBP gbpusdshort gbpusdsignal gbpusdanalysis
10
2
supportandresistance sinewave volumestudies gbpusd gbp gbpusdshort gbpusdsignal gbpusdanalysis
Technical Analysis:

  • GBPUSD price retracement priced at 1.33/35 level, a Short entry range.

  • GBPUSD immediate short phase target priced at 1.318 in subsequent trading days.

  • GBPUSD price successfully breached the 1.338 yearly resistance to test the 1.35 higher high last week.

  • GBPUSD MACD indicator signals a diminishing bull volumes as price bull momentum slows in pace.
Comment:
GBPUSD price tests the 1.318 support S1 as bearish sentiment drives price low
snapshot
Comment:
GBPUSD price falls in the 1.3100 range
snapshot
Comment:
GBPUSD price approaches the 1.298 lower support as bearish bias remain strong
snapshot
Comment:
gbpusd bearish sentiment drives price lower
snapshot
Comment:
Day 4 of GBPUSD bearish price action
snapshot
Comment:
GBPUSD end of week downtrend exceeds bear target expectation
snapshot
Trade active:
GBPUSD bearish bias bearing points toward the 1.2800 lower price range
snapshot
Trade closed: target reached
Trade active:
GBPUSD NEW BULLISH BIAS
Trade closed: target reached

Related Ideas

AAresearchFX
#AAresearchFX $GBPUSD Bearish Set Up Target Priced at 1.270.
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