FX:GBPUSD British Pound/U.S. Dollar
MA cross at M1 charts are irrelevant, IMO. the 21 and 8 ema that i have drawn are more for D1 and H4. charts such as M1 are less sensitive to 21 and 8 ema. reason is because it is monthly chart and one bar accounts for 1 month and trends in the forex market does not last long and occasionally MA will only cross when the trend has already ended. in this case, bearish stance MAY BE ending however MA has only started to cross. that is because of the 8EMA finally accounting for the previous few bearish bars. we should look at the ema lines making new high to signify expectation of higher highs. thanks.