The market has reached its demand zone. AS seen in the hourly timeframe, the market trend has changed from downtrend to a ranging market which means there is consolidation. i is likely to touch the daily trendline and then change the trend, or directly reverse from the demand zone because an inside bar has been formed and a bullish candle been formed.
according to the trend .analysis, sell option is the best in this pair. it is expected to move lower in the coming times... inbox me for more.
GBPUSD expected to sell on a short term. The currency has reached the resistance level and pin bar has been already formed that shows rejection from 50% moving averange.
formation of a pin bar near the resistance level. expected reversal.