If you remember my previous idea on GBPUSD, you will know that I mentioned that the 100D EMA can act as a PRZ for GBPUSD.
And that is exactly what happened. After touching the 100D EMA, the price reversed lower very strongly.
In my opinion, there could be further weakness in GBPUSD in the days to come.
And that is exactly what happened. After touching the 100D EMA, the price reversed lower very strongly.
In my opinion, there could be further weakness in GBPUSD in the days to come.