GBP/USD bearish reversal


Looks to me like GU is running out of upward momentum. Looks like higher prices around the 1.36178 area were rejected. The highlighted candle opened low, reached a level higher than the previous day but closed way below. If today's candle closes lower than yesterday's low
, I will be looking to enter short with the immediate target at 1.32634 and long term target at 1.27690.


Sign In or Register to comment.
© Copyright - CP Trading Co.
Hosted by TheHostHome