Tradeciety
Short

Fading bullish momentum --> Reversal in the making

FX:GBPUSD   British Pound / U.S. Dollar
161 0 8
1.466 was the level everyone was watching and price is now showing all the typical reversal signals.

  • Strong rejection
  • RSI divergence
  • A move into the outer Bands followed by the turnaround

The MA held nicely so far and a break of the MA is the final piece to the puzzle.
I am trading Forex for 10 years and 5 years ago I quit my corporate job to travel the world


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