darryl11

gbpusd.. crucial close coming

Short
FX:GBPUSD   British Pound / U.S. Dollar
2
gbpusd continues to freefall from the early June highs, all moving averages been broken with the 50day MA the next strong target. Whilst the 50day has been broken intra day on a few occasions, hasn't been closed below for almost two months. 144.30 is currently the 50day MA.. watch for buying support to come in. if it breaks we target the lower trend line at about 143.80. technicals are all pointing south though so possible these levels get taken
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.