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GBP/USD Signal - GBP Trade Balance - 12 Aug 2021

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ToniSignals Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Chart Patterns Technical Indicators GBPUSD cable betty Forex forexsignals forextrading signalservice signalsprovider
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harmonicpatterns chartpattern indicator gbpusd cable betty forex forexsignals forextrading signalservice signalsprovider
GBPUSD has traded into resistance prior to the GBP Trade Balance data, which shows the UK's balance between imports and exports. Technically the pair has broken a key support and is now retesting the support as resistance. The RSI has also turned bearish, and we anticipate continued downside into the 1.3711 level.

Trade closed: target reached
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