GBP/USD Daily Video, July 06, 2018

Sive Morten

Special Consultant to the FPA
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18,669
Good morning,

We need update our GBP analysis as price forms some short-term bearish patterns on intraday charts. Although it doesn't mean yet that collapse should happen, but still, deep retracement is probable and we need to be ready:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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