pound/The US dollar resumed its decline after adjusting on Thursday fall drastically10Daily moving average1.2633Lower consolidation Daily momentum readings reflect market bearish sentiment everydayRSI Currently in a neutral position, detached from the overbought area earlier this week 1.2313-17 Cloud distortion and bearish competition Fibonacci callback 1.2039-1.2733 of 38.2% by 1.2468 The weekly price trend has reversed the pound/Three consecutive weeks of bull markets in the US dollar We tend to be bearish, but please wait for the opportunity to enter for the time being |