While I am currently bearish on GBPUSD in the short term after it broke below the support trendline on the daily timeframe, the price has also pulled back and retested the breakout zone. However, there doesn't seem to be enough selling pressure to push the price down further at the moment.
I am anticipating more bearish impulsive selling in the coming days. However, if buyers continue to push the price higher, this would invalidate my prediction.
What are your thoughts on this? Kindly like and share your comments below.
I am anticipating more bearish impulsive selling in the coming days. However, if buyers continue to push the price higher, this would invalidate my prediction.
What are your thoughts on this? Kindly like and share your comments below.
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170 pips result
