FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders,
As we are drawing closer to the EU referendum, and a potential BREXIT I would like to post my bias.
We have an abundance of confluence supporting a continuation of the overall bearish trend of the GBPUSD             .
We have the 200 EMA acting as resistance, which has held after being tested on a number of occasions.
We are currently at a resistance zone around 1.46840.
We have bearish divergence on RSI supporting a move down.
We have a bearish flag pattern indicating a possible move down.
Can we close today with a shooting star candlestick pattern? This typically indicates a reversal, thus supporting a move down.

Please note that I will not necessarily trade this.
Feel free to follow, like, share and comment.
Instagram: @KashMarkets
Comment: Price made a sharp move down !
The EU referendum is already taking its toll on the Pound, especially following the Sunderland results. Team Leave seems to be edging Team Remain in the news. Let's wait and see what happens.
snapshot
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out