GBPUSD- 07Oct2021
GBPUSD dropped from daily resistance level as expected yesterday. Today will more of neutral with slight bullish bias due to price close above 20EMA and 50MA. If it breaks above the descending trendline, there could potentially be a inverse head & shoulder in play.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD dropped from daily resistance level as expected yesterday. Today will more of neutral with slight bullish bias due to price close above 20EMA and 50MA. If it breaks above the descending trendline, there could potentially be a inverse head & shoulder in play.
This is for personal record purposes only, not financial advise or solicitation of trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.