GBPUSD short
Technical Analysis: Price is trading below the 50 and 200 emas on the daily. Daily support drawn since Feb 22nd was broken at the end of last week.
Fundamental analysis: USD has made new highs and Brexit still brewing in the background.
Confirmations: Waiting for price to finish pullback to the previous support and/or 20 sma on 4H chart and trade below 20 smas on smaller time frames.
Fundamental analysis: USD has made new highs and Brexit still brewing in the background.
Confirmations: Waiting for price to finish pullback to the previous support and/or 20 sma on 4H chart and trade below 20 smas on smaller time frames.
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