Strong down trend. Nothing bullish to see here. Break of trend would be bullish, but I don't see that happening anytime soon.
REENTRY FOR SHORT reason 1. CSM 2. EMA50 show downtrend Course of action 1. Wait at the targeted zone to re-entry Sell. (FIBO pull from m15) 2. Will enter if full setup has been showned 3. Sl @ 1.31195
Hi Traders ! This Is Nouman Malik , After a huge drop of Gbp/usd . its exactly respecting the support area by showing a pin bar on weekly candle . i hope to see a push to the trendline before the next step .
Gbpusd is now retesting its support level, so we can expect bullish movement from this level.