GBPUSD still in down trend
Market structure is still on an overall down trend
Lower Lows being created
EMA 18 still above EMA 9
Price could retest trend line and continue down
Overall prediction: Price hitting 1.34000 if it maintains market structure.
Lower Lows being created
EMA 18 still above EMA 9
Price could retest trend line and continue down
Overall prediction: Price hitting 1.34000 if it maintains market structure.
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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.