Thanks for stopping by TradingView community. Today’s video update is on the GBPUSD as plenty of signs continue to tell us that price continues to sit in a downtrend. (last weeks LL after new LHs) At this point, we’re waiting for new evidence that Friday’s close lower could be a new extension lower.
First, we could see today’s rally fail and break Friday’s low...
Things have taken a turn back to safe havens with heavy selling resuming into today’s European session. After a small push at a fightback, the floodgates reopened. Stock indices and Crypto markets have been the heaviest hit, with some coins dropping over 11% lower.
Sellers haven’t overlooked Gold as sellers moved back into the yellow metal knocking back below...
