GBPUSD Short

2021年7月27日

The price has reached the major resistance trendline, the price also had some bullish divergences as we began this week... however the Macd showing an end to bullish divergence, I expect the price to fall by this week. if price do break the trendline resistance then we can expect the price to go up and hit 1.389 resistance level. if price do continue to have more divergences then we can expect the price to consolidate up to 1.378 and then go bullish.. Like it did from 1.378 to 1.371. good luck