GBPUSD SELL

11 Eki 2021

GBPUSD is trading around the 1.365 area with major rejections to the upside. GU is very over bought and hanging by a thread i dont think its long before it starts to decline. there has been multiple wicks from the 1.365 along side fundamental analyses GU is running out of bullish momentum. if the price decides to come back into the 1.365 area i will be moving my stop loss to 25 pips and adding another position.