GBP/USD has been on a long-term downtrend, and it has recently pulled back to the 50-EMA, which is generally a good resistance area for shorts to come in.
The overall trend is still bearish despite the recent small move up.
Will be looking to short on more bearish price confirmation.
The overall trend is still bearish despite the recent small move up.
Will be looking to short on more bearish price confirmation.
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