GBPUSD Struggles Ahead of EU Summit Despite Vote for Brexit Ext.

Keep in mind, the broader outlook for GBP/USD is no longer bullish as both price and the Relative Strength Index (RSI) appear to be breaking the upwards trends from late last year, and the advance from the 2019-low (1.2373) may continue to unravel following the string of failed attempts to close above the Fibonacci overlap around 1.3310 (100% expansion) to 1.3370 (78.6% expansion).

Long:

Ent:1.30524

TP: 1.30924

SL: 1.30124
Chart PatternsTrend AnalysisWave Analysis

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