KajuFusion

GBPUSD Still Bearish, weekly close at monthly MA50

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
1D TF
Bearish

Weekly close price: 1.31765
Monthly MA 50 1.31765
Previous Support Zone: 1.29814-1.31858 (likely new resistance)
Close price below Daily MA200 (Shorting bias)

KAJU X: still below 0.00
RSI: <50.00
KAJU Fusion: still in bear zone

Previous resistance: 1.34116-1.35149
Next Support Zone: 1.26617-1.28135

Watch out for 1D MA20. If the price close above MA20, likely will test the previous resistance.
Look for opportunities to short. Refer to chart trade idea (KAJU Fusion)
No clear view of Long Strength yet.
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