GBPUSD 18-22 Week Analysis [October] Down Trend Direction

٢٠ أكتوبر ٢٠٢١

The M30 chart shows a downward trend with resistence being tested for a possible break to downside. The price action can also be added inside a rectangle which indicated the price will head up or down based support or resistence failing to hold. The price action generally looks bearish especially after yesterdays bullish rally which exausted the market and failed to drop price to any significant levels. Thoughts?

٢١ أكتوبر ٢٠٢١

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