GBPUSD FALSE BREAKOUT

199
False breakout occurred at resistance level 1.3153
Price is below HVN at 1.3121
MACD shows bearish momentum
RSI broke uptrend
It's expected for coming bearish movement to retest the major uptrendline and key level at 1.2954

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.