GBPUSD short

Sep 16, 2021

from my last analysis the major support level was 1.3804, when the price test the 3rd time the support level break and we are looking for a short position for long term, our first resistance will be 1.3730 with possibility of price making lower lows, if price continue with downtrend channel next support is 1.3684, and more bearish movement can hit the last support at 1.360... looking at the Macd and rsi we are making bearish movement, we most likely see more bearish divergence. once 50ma crosses below 200ma we are in long bearish position.

good luck

Sep 16, 2021

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