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British Pound / U.S. Dollar
Short
Nov 5, 2019
GBP/USD SHORT
4
Grab this chart
Grab this chart
Good day,
The GBP/USD cross is offering a sell signal this evening.
Signal:
- Double top
- RSI breakdown
- MACD bearing divergence
Note:
- Protect pips if there is a flurry of activity around the Haiken Ashi (smoothed) line
Potential Drivers:
- Pound selling due to political activity
- Risk off flows bidding up the dollar / pushing down the Pound
All the best,
AL
ParkdaleCapitalManagement
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