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Bearish candle at the 1.40 resistance level, more drop ahead?

981
As mentioned yesterday, GBP/USD's rally has stopped at the 1.40 resistance level
and a bearish candlestick has formed in the critical area.
Does that indicate that there is more drop ahead?

Well, so far, there has not been any meaningful recovery today.
So, sellers can continue to hold their sells for 1.38 initial target.

New sells can be executed between 1.3940-1.3970 with SL above 1.40
and target at 1.37 if the bearishness persists.

İşlem aktif
Sold at 1.3945 again
Not
Sell trade in 90 pips profit

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.