GBP/USD SHORT

2019-11-05 08:50:26

Good day,

The GBP/USD cross is offering a sell signal this evening.

Signal:
- Double top
- RSI breakdown
- MACD bearing divergence

Note:
- Protect pips if there is a flurry of activity around the Haiken Ashi (smoothed) line

Potential Drivers:
- Pound selling due to political activity
- Risk off flows bidding up the dollar / pushing down the Pound

All the best,

AL