Next week all SIGNS are bearish for GBPUSD pair. Pair already broke a two week BULLISH trend line, now BEARS are in control. Last two 4 hour candlesticks have been red and long. Both price action and RSI are heading downward to end of next week. A lot of NEWS coming out next week with GBPUSD, which will keep PA going in a bearish direction.
Will be looking for bearish trades, with shorter time frames and lower charts too. Enjoy weekend, see ya all next week.
Will be looking for bearish trades, with shorter time frames and lower charts too. Enjoy weekend, see ya all next week.