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PeanutButter

Possible Continuation of Bearish Sentiments

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
PeanutButter Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis Technical Indicators
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trendanalysis beyondta indicator
GBPUSD It’s been a great Month shorting the pair GBPUSD. Weekly Hieken Ashi is full bearish tho Priceline is currently slowly approaching a minor support in the weekly time frame 1.29543 which is also in close confluence with our 38.20% Fib zone.
TDI in a week shows Priceline below bloodline meaning price is moving bearish. We could be heading towards TDI solid 50.
Daily Timeframe Potential Take Profit has already been achieved 1.29717 . Current price in a day is at our Daily Pivot 1.29751.
TDI Priceline just went below Solid 50 in a daily Timeframe and could be heading to volatility band.
Observe how price is wicking off the weekly support line in 4 Hour time frame.
We are waiting for Priceline to close below bloodline in the hour 4 time frame to confirm more sells. A pullback is very possible..
Overall Bearish sentiment in Markets .
Comment:
Waiting on current 4hour to confirm Daily structure
Comment:
Bearish Divergence in 1hr.. Patience
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