GBPUSD Bearish Phase Point Towards The 1.3100 Price Range.

Dec 17, 2019

Technical Analysis:

• GBPUSD price retracement priced at 1.33/35 level, a Short entry range.
  
  
• GBPUSD immediate short phase target priced at 1.318 in subsequent trading days.
  
  
• GBPUSD price successfully breached the 1.338 yearly resistance to test the 1.35 higher high last week.
  
  
• GBPUSD MACD indicator signals a diminishing bull volumes as price bull momentum slows in pace.
  

Dec 17, 2019

Note

GBPUSD price tests the 1.318 support S1 as bearish sentiment drives price low

Dec 17, 2019

Note

GBPUSD price falls in the 1.3100 range

Dec 18, 2019

Note

GBPUSD price approaches the 1.298 lower support as bearish bias remain strong

Dec 19, 2019

Note

gbpusd bearish sentiment drives price lower

Dec 20, 2019

Note

Day 4 of GBPUSD bearish price action

Dec 21, 2019

Note

GBPUSD end of week downtrend exceeds bear target expectation

Dec 23, 2019

Trade active

GBPUSD bearish bias bearing points toward the 1.2800 lower price range

Dec 27, 2019

Trade closed: target reached

Dec 31, 2019

Trade active

GBPUSD NEW BULLISH BIAS

Jan 4, 2020

Trade closed: target reached