A Serious Bearish Break in GBPUSD - Needs attention
2020-02-06 08:27:38
Reasons:
- Key Resistance of the price on top
- Price was resisted on the weekly bearish trend-line
- Break of the short-term bullish trend-line which seems to be the neck-line of a dis-formed head & shoulders pattern
- Clear Divergence between MACD and Price and other Oscillators as well.
*This is only how we interpret the market