GBPUSD SHORT ON H1
H1
GBPUSD entered a sliding mode this week, and continues to trade below the downside resistance line drawn from the high of June 11, as well as below all three of our moving averages on the 4-hour chat.
Trend tendency is still downward and we are bound to see a further drop if it rejects current minor supply zone.
GBPUSD entered a sliding mode this week, and continues to trade below the downside resistance line drawn from the high of June 11, as well as below all three of our moving averages on the 4-hour chat.
Trend tendency is still downward and we are bound to see a further drop if it rejects current minor supply zone.
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