Gbp/Usd: Bearish Setup
Last week we seen this pair decline following an inside bar pattern, this formed around resistance at "1.3400.
We could see price move lower after we broke out of mid term uptrend, yesterday we seen this pair trade near daily lows after the BOE (Bank of England) kept key interest rates flat at 0.25%. some traders maybe trying to get long as this maybe a deep pullback but due to the recent nature of the market my bias is short
We could see price move lower after we broke out of mid term uptrend, yesterday we seen this pair trade near daily lows after the BOE (Bank of England) kept key interest rates flat at 0.25%. some traders maybe trying to get long as this maybe a deep pullback but due to the recent nature of the market my bias is short
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