TheSignalyst

GBPUSD potential bearish reversal

Short
FX:GBPUSD   Livre sterling / Dollar américain
on DAILY: GBPUSD is sitting inside a resistance zone so we will be looking for objective sell setups on lower timeframes.

on M30: price formed an objective trendline in red and we are still waiting for a candle close below its last swing to sell.

we also have a bearish regular divergence on MACD adding more confluence to our sell setup.

meanwhile, GBPUSD would be overall bullish, until an objective sell setup is activated.

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