GBP/USD lilely to fall!
Hey tradomaniacs,
GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity.
The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout).
The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it.
Lets see what happens =)
GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity.
The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout).
The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it.
Lets see what happens =)
Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.