Spoiler:
bearish trend seems to be taking place on the GBPUSD pair and thatβs according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
GBPUSD bearish trend can continue , now current price at 1.3079 and strong resistent at level 1.3099 in hourly time frame. there is possible chance price will move to up side. then next low price is 1.3029
I suggest to entry SELL with stoploss at 1.3115 and take profit at 1.3029
I hope you can earn consistent profit from my signal, good luck