GBP/USD Potentiol break bearish penant
Currently the market has been forming LL and LH in a downtrend.Price is below our 200,50,20 EMA. As well as our ichimoku clouds are above price which suggest that the market is still in a bearish phase. With price action on our monthly weekly and daily has illustrated a bearish candlestick. , . Fianlly for price to reject our 20 EMA which will give us a final confluence.Or either await till price hits a 318 to form our c leg and sell.
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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.