GBPUSD has completed end ending diagonal and it is now bouncing after the initial drop.
Despite the sharp bounce the pair is stuck against resistance and soon a match larger decline will follow.
I am selling at market price 1.3370, with stops at the recent high 1.3530.
My target is at 1.2850
Although price may move much lower.
Despite the sharp bounce the pair is stuck against resistance and soon a match larger decline will follow.
I am selling at market price 1.3370, with stops at the recent high 1.3530.
My target is at 1.2850
Although price may move much lower.