Staying in line with GBPUSD bearish daily trend
Bearish in line with daily price trend - bullish risks from price holding 1.30 after a BOE rate rise
Scenario A) - price breaks rising trendline on 4hr chart to test support
Scenario B) - price moves for another test of 1.32 - 50 DMA before resuming decline
Scenario A) - price breaks rising trendline on 4hr chart to test support
Scenario B) - price moves for another test of 1.32 - 50 DMA before resuming decline
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Market Analyst at WeTrade
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tradingwriters.substack.com/
Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
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