GBP/USD: move is short, possible correction to 1.5118 and new short

GBP/USD trend is short

Break below the diagonal- possible flag

Short-term move is long- break of the inside bar over 1.5082, which may be a small correction to 1.5118

Indicators are in negative formation, CCI is under -100

Sentiment is for weak GBP

Good levels for sell around 1.5120, after a saller timeframe signal

 Varchev Traders

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance