GBPUSD: Potential Short
* Price action heading into sell zone with the expectation of a hold signaling bullish weakness.
* This is the 3rd testing of that 1.5370 handle that is in sink with the fib- 0.500 level.
* Stochastic heading in overbought.
Downside bias with a change in momentum in the MACD
*Bullish on the upcoming reports this week however technical support a move to the downside.
* This is the 3rd testing of that 1.5370 handle that is in sink with the fib- 0.500 level.
* Stochastic heading in overbought.
Downside bias with a change in momentum in the MACD
*Bullish on the upcoming reports this week however technical support a move to the downside.
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