Hey traders,
Here on the GBP/USD we have a good opportunity to go short:
DAILY Chart:
1- The market is under the 200 EMA that means that is on a bearish trend...
4H Chart:
1- The market is under the 50 EMA (bearish trend)
2- The market broke the daily support level and made a good pullback
3- Formation of the Agressive Bearish Engulfing Candle...
GO GREEN!