GBPUSD TECHNICAL THESIS
So, we looking to ride the market to the short side...
This is a very simple technical indicator that GBPUSD is losing momentum to the upside.
And that's why we are going to capitalize on the current exhaustion phase in price...
Currently we see a break in the box region we have put up and another break in the overall uptrend...
Price is also trading below our indicator which gives us more confidence to take this short position.
There will be news today and I will be posting the outcome of this thesis.
This is a very simple technical indicator that GBPUSD is losing momentum to the upside.
And that's why we are going to capitalize on the current exhaustion phase in price...
Currently we see a break in the box region we have put up and another break in the overall uptrend...
Price is also trading below our indicator which gives us more confidence to take this short position.
There will be news today and I will be posting the outcome of this thesis.
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