British Pound / U.S. DollarUpdated Looking at the 100D EMA as a PRZ
GBPUSD keeps pushing higher but the recovery doesn't look very convincing. The daily candles are quite small compared to the average daily range during the downtrend which could indicate a change of trend very soon.
I am looking at the 1.2650-1.28 area as a Potential Reversal Zone(PRZ). A bearish daily candle in this zone could signal that the recovery has ended. If that happens, I will go short.
I am looking at the 1.2650-1.28 area as a Potential Reversal Zone(PRZ). A bearish daily candle in this zone could signal that the recovery has ended. If that happens, I will go short.
Note
Big reversal from the PRZNote
New idea 
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