After a first leg down, GbpUsd corrected upwards in some kind of flag formation.
I strongly believe that a top is in place above 1.2550 zone and the pair is ready to resume its long term downtrend.
I will remain bearish as long as the price is trading under 1.25 and only a daily close above 1.2550 would give me a reason to pause.
I strongly believe that a top is in place above 1.2550 zone and the pair is ready to resume its long term downtrend.
I will remain bearish as long as the price is trading under 1.25 and only a daily close above 1.2550 would give me a reason to pause.
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