Simple support and resistance setup here shorting at resistance point in strong downtrend with alarmed stop above top.
Now GBP has broken down with impulse out of the parallel channel I think this is now a new and much steeper trend.
Not advice.
Now GBP has broken down with impulse out of the parallel channel I think this is now a new and much steeper trend.
Not advice.
Commentaire:
GBPUSD has now hit a longer term 1:1 and gone more overbought on the weekly RSI than any time since 2026, so i'll say thanks very much and cover my short positions here and see how things develop.
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
