GBP/USD Technical Analysis
Updated
Price is making lower lows and lower highs, I believe 1.3472 is the new lower high because it printed an evening star right off the trendline bounce from the resistance area. I expect the price can go to a lower level which i believe will be the -0.27 fibo extension level where it might find support and reverse.
Trade closed: stop reached
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.