Rajonbd

GBPUSD Confirm the Downtrend

FX:GBPUSD   Paun British / Dolar A.S.
The pair was moving sideways a week ago, and this week after the break the demand of 1.2415 it didn't give us appropriate bearish moves yet and the explanation was it attempting to retest the level however yesterday this pair didn't figure out how to make that move in the upside and today only a couple of moments prior with the one hour light it hit the past demand as a supply effectively.

So if now we get a sell signal from candle design by following the candle of 15 minutes to 1 Hour then it would be an incredible chance to sell GBP USD pair, and from the key financial view, GBP money getting more vulnerable against the other cash of the market. So having a sell request with GBPUSD would a superior one for us.
Penafian

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