GBP/USD SELL Bearish Flag
GBP/USD In the formation of a bearish flag, also crawling along trendline. Waiting for it to break the trendline and it needs to confirm the downside by creating a small bearish flag. Also take into consideration the Election happening in the UK on the 8th June. I do believe that the value of the pound will slightly go down as a result of the elections.
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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.