GBP USD 50 Weekly SMA & 3rd Touch Of Trend Line
Lots of reasons to be taking profits here if your long and a good area to open a short.
We have reached the 50 week SMA which has acted as a strong resistance in the past.
We have also reached the long term trend resistance line which could act as resistance for the 3rd touch.
We have reached the 50 week SMA which has acted as a strong resistance in the past.
We have also reached the long term trend resistance line which could act as resistance for the 3rd touch.