GBPUSD Bearish View
GU has been bearish like AU EU and NU for awhile now.
While forming Falling Wedge on Daily, it showed some rejection at the major support area before market close this week.
Expecting it to retrace to 61.8-78.6% which lines up with recent zone that became resistance that hasn't been tested.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
While forming Falling Wedge on Daily, it showed some rejection at the major support area before market close this week.
Expecting it to retrace to 61.8-78.6% which lines up with recent zone that became resistance that hasn't been tested.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
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