We will continue to see bearish sentiment on the GBPUSD pair, and I expect that it will continue down to the 1.50 area.
Price is beginning to move into a wedge, so we will see in the future whether price decides to break out to the upside or more to the downside. Either way, I am short on this pair for now.
Price is beginning to move into a wedge, so we will see in the future whether price decides to break out to the upside or more to the downside. Either way, I am short on this pair for now.