The daily is turning down against the 3/19/20 highs at 1.9800. The 4 hour right side is down against the June highs at 1.6589. While below the 1.6400 highs, more importantly the June highs the pair can see a turn back lower continue.
Short term trade
Long @1.6302-1.6282
Target: 1.6380
SL: 1.6260
good luck !
British pound against Dollar , have been travelling down most of the May month.. End of the month it looks to finish lower around 19500,
Expecting the price may go higher at the starting of June Ist week. till that it looks like controlled by bears.
