TheForexSquad

GBPUSD Weekly Market Analysis May 2018, Week 4 by Forex Da Goat

FX:GBPUSD   Paun British / Dolar A.S.
DAILY- Chart shows that 200,100 and 50 ema have all crossed price "The Death Cross" and price is now in a downwards strong bearish trend.
4Hr - shows beautiful downwards trend line with our first strong pull back wear major profit on the downside could have been awarded.

1 Hr- I have been using the one hour chart to hunt "Supply" Zones as we are now in a downwards trend. I have identified some zones that may hold and offer profit. Enjoy! #HappyTrading #HappySelling
Penafian

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