The GBPUSD at 20sma Resistance

The GBPUSD at 20sma Resistance

Last post: June 21st. See chart.

Review: Price had triggered our short trade but finished the day bullish .

Update: Price continued to gain strength but is now at the daily 20sma which is acting as resistance.

Conclusion: Applying patience as we look for resistance to hold strong and for the bears to come back in. A break and close below support needed.

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