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AAresearchFX
Dec 17, 2019 7:42 AM

GBPUSD Bearish Phase Point Towards The 1.3100 Price Range. Short

GBP/USDOANDA

Description

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

Comment

GBPUSD price falls in the 1.3100 range

Comment

GBPUSD price approaches the 1.298 lower support as bearish bias remain strong

Comment

gbpusd bearish sentiment drives price lower

Comment

Day 4 of GBPUSD bearish price action

Comment

GBPUSD end of week downtrend exceeds bear target expectation

Trade active

GBPUSD bearish bias bearing points toward the 1.2800 lower price range

Trade closed: target reached

Trade active

GBPUSD NEW BULLISH BIAS

Trade closed: target reached

Comments
alecfb
Thank you
AAresearchFX
@alecfb, you welcome
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