TradingView
Anbat
Sep 25, 2016 1:49 AM

GBPUSD Bearish 4 Now Short

British Pound/U.S. DollarFXCM

Description

Last two candlesticks are bearish, will continue to trade with this until GREEN trend line noted is broken by PA. I believe that major support on GBPUSD 1 hour is 1.29500, which PA has been sitting around for last 8 years.

To be conservative in trading, wait for EMA20 (purple line) to be broken with PA being above, then it will be bullish.
More