GBPUSD Potential Bearish Movement

2020-01-20 04:32:54

GBPUSD Potential Bearish Movement

we are waiting for a momentum candle close below 1.2950 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Resistance Zone from Weekly and Daily

Three confluences are enough to consider Selling GBPUSD, after a break below 1.2950 (in gray)