GBPUSD Trend analysis

2019年7月30日

You Can see that we are fallen a bit on trading session here on 1.2119 Tuesday trying to decide were we going to go next i think its little bit of short covering ahead of the FED we are not real sure what to do maybe some profit taking who knows but at this point i think its likely that we are going to see a bit of bounce but i think this zone between 1.23500 to 1.25000 offers a nice selling opportunity if we get some type of exhaust of cable so i be paid attention Wednesday afternoon after the FED rate cut we get something like a shooting star on daily candle or even like a hour or 30 mints for that matter maybe we are taking a shot because obviously we are in downtrend alternate scenario if break down the low we are going to 1.20000. Comment your suggestions and analysis and please like if you agree with my opinion.