Price has been in a range on the Daily time frame, bearing on H4 and on the lower time frames. On H1, 55 EMA is heading down with decent angle of separation from the 21 EMA. 5 EMA and 8 EMA bearish with a good angle of separation. Bias, bearish with entry on M15 DPP, at resistance, with TP at DS2.

Daily

H4

H1

M15

One thought on “GBPUSD”

  1. Wayne McDonell - TradersWay.com says:

    Thank you for your trade analysis. Please be sure to post them into the “Forex Trading Ideas” category. This one was posted into “Forex Books”.

    Keep up the good work!

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