If you remember my previous idea on GBPUSD, you will know that I mentioned that the 100D EMA can act as a PRZ for GBPUSD.
And that is exactly what happened. After touching the 100D EMA, the price reversed lower very strongly.
In my opinion, there could be further weakness in GBPUSD in the days to come.
And that is exactly what happened. After touching the 100D EMA, the price reversed lower very strongly.
In my opinion, there could be further weakness in GBPUSD in the days to come.
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.
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.