GBPUSD temporarily bearish trending

2015년 7월 3일

I apologize for posting this, but I have been watching this pair for quite a while. If you were to switch over to the hourly time frame or higher, this pair still looks to be in an uptrend. However, the recent price movements show a bearish stance on this pair. First price breaks through a support zone and then now we just tested another fairly weak support turned resistance line. I say "weak" because this line is drawn using historical best fit data.