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punter2015

Inflection point for GBPUSD

British Pound / U.S. Dollar (FX:GBPUSD)  
punter2015  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
5
1
trendanalysis chartpattern
GBPUSD recently broke out from this downward sloping trendline. But failure to hold the support at 1.3120-10 will re-inforce the downtrend.
2 negative weekly bars on HA point towards downward bias.

Overall USD weakness sentiment makes this level for GBPUSD crucial.
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