Support is broken and we're going into a downtrend.
The pound has not been strong lately, seeing that we're also under the 200 EMA and that support has been broken suggests a downtrend.
Note
Notice a H&S pattern forming.Order cancelled
It recovered. Bad trade!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.