Possible Bear movement on GBPUSD
Long term trend using 200 EMA is down. Price has gone up to hit 50% Fibonacci level and then reacting with a possible view to turn to continue trend back down.
Let me know any feedback you have. :)
Let me know any feedback you have. :)
Note
Obviously requires confirmation on price action prior to entering.
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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.