After TDA we can see GBPUSD rejected our daily trendline after it failed to make a new high. Bearish momentum is currently kicking in with the pair as the DXY is gaining strength. Looking for a cross of our SMA's and a break and retest of inner trendline before entry for a possible 1:5 RR with this setup!!!
Remember to like, comment and follow for more trade setups!!!
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.