mardi 11 juillet 2017

GBPUSD bearish in short-term; prices falling in down sloping channel

Analysis

GBPUSD is in a downtrend in the short-term after falling from the June 30 high of 1.3029. The risk remains to the downside as the market is falling in a down sloping channel on the 4-hour chart.

The RSI indicator is below 50, which also asserts the bearish ...

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GBPUSD bearish in short-term; prices falling in down sloping channel

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