GBPUSD 4H

23 Haz

Next week we should see a pullback to retest the MA50/200 levels. At that point the MA lines should be merging with the 50 crossing down the 200. I´m expecting this as the rejection point, pushing price down for a continuing bearish move and opening an opportunity for sells.

If this speculation plays out I will be taking a short position on the 1H TF