GBPUSD sterling droped from the point of exteme importance 1.4685 like emoticon and we should stay below 1.48 to be in bearish zones.
Only 1.48 cross above will cancel bearish chapter.
We are now looking for declines.
We will wait for trend to establish and then look for short opportunities.
We are heading towards new low 1.38
How ever 1.48 cross above can iluminate the expected drops.
Tradng recommendations :
Stay neutral and wait for trend establish.
Only 1.48 cross above will cancel bearish chapter.
We are now looking for declines.
We will wait for trend to establish and then look for short opportunities.
We are heading towards new low 1.38
How ever 1.48 cross above can iluminate the expected drops.
Tradng recommendations :
Stay neutral and wait for trend establish.
