GBPUSD – Bearish market condition
Last week we had the GBPUSD in a bullish market condition, and it reached the main LT resistance level. Now, it looks like the GBPUSD is being rejected from the main LT resistance level, triggering a bearish market condition:
As long as the GBPUSD keeps trading below 1.6151 I’ll be looking for short opportunities.
Trade Safe!
Raul Lopez
Forex Training