Good day,
The GBP/USD cross is offering a sell signal this evening.
Signal:
- Double top
- RSI breakdown
- MACD bearing divergence
Note:
- Protect pips if there is a flurry of activity around the Haiken Ashi (smoothed) line
Potential Drivers:
- Pound selling due to political activity
- Risk off flows bidding up the dollar / pushing down the Pound
All the best,
AL
The GBP/USD cross is offering a sell signal this evening.
Signal:
- Double top
- RSI breakdown
- MACD bearing divergence
Note:
- Protect pips if there is a flurry of activity around the Haiken Ashi (smoothed) line
Potential Drivers:
- Pound selling due to political activity
- Risk off flows bidding up the dollar / pushing down the Pound
All the best,
AL