GBP/USD Analysis
GBP/USD remains depressed around 1.3900, pressured by the dovish BOE's surprise offsetting the renewed weakness in the US dollar.
The 4-hour chart offers a bearish structure which would be expected to act as resistance, although a break of which will put the bulls in charge for the near term:
The triple top is bearish and the break of support for a fresh low is also painting a bearish bias on the charts.
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The 4-hour chart offers a bearish structure which would be expected to act as resistance, although a break of which will put the bulls in charge for the near term:
The triple top is bearish and the break of support for a fresh low is also painting a bearish bias on the charts.
Please Like or Follow :)
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