GBPUSD 30min Analysis December 23rd, 2020
Price is currently respecting the 30min 200MA as resistance and is within our supply zone of 1.346. We can also see a H&S forming on the 4h timeframe. We are looking for further bearish momentum/engulfing to enter short here.
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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.