GBPUSD Analysis May 24, 2020
On the monthly timeframe we are nearing a weekly key level of support. On the weekly timeframe last week closed with a lot of buyers exhaustion but with no wick at the bottom of the candle showing we started our bullish and held. Down to the daily timeframe we broke bearish and are sitting below of level of support now turned resistance! Down to the H1 timeframe we will look to continue this bearish trend as we look the head lower!