Weakness Back on The GBPUSD? Short
British Pound/U.S. DollarFXCM
Description
⋅ Last post: June 24th. .
Review: Price had pulled back to the daily 20sma which was acting as resistance.
Update: Price has bounced off the 20sma and produced a potential bearish engulfing candle suggesting weakness.
Conclusion: Continuing to stand aside until pivot support is cleared and price moves towards 1.3000.
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