Weakness Back on The GBPUSD?

Weakness Back on The GBPUSD?


Last post: June 24th. See chart.

Review: Price had pulled back to the daily 20sma which was acting as resistance.

Update: Price has bounced off the 20sma and produced a potential bearish engulfing candle suggesting weakness.

Conclusion: Continuing to stand aside until pivot support is cleared and price moves towards 1.3000.

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