gbpusd showing a potential bearish trend with a formation of QML which is yet to complete. On higher timeframes like 1D there is a hidden double top. Sentiments suggest few buyers and markets made highs to trap buyers, so as price drops more buyers will join in till markets reach balance point at 50%
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.