GBPUSD is presenting a short opportunity
GBPUSD was following a bullish trend in the IH time frame, with higher highs and higher lows. After previously showing bearish divergence, the trend began to align with the divergence. This creates a potential opportunity to short if the price breaks below the previous higher low, indicating a move downward.
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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.