FXAutomate

Possible Trend Change

Short
FX:GBPUSD   British Pound / U.S. Dollar
Over the past 2-months, the GBPUSD has broken below the 200 Daily SMA twice now with price both times recovering back above albeit making lower highs. This time it seems as though it might be the last as momentum fades and a bearish pin bar is printed. As long as price stays below the Daily 50/200 SMA it will most likely be heading lower with the next support level around 1.365

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