GBP/USD analysis for May 25, 2017

Recently, the GBP/USD has been trading upwards. The price tested the level of 1.3015. Anyway, according to 15M time frame, I found a fake breakout and strong rejection of the yesterday’s high at 1.3000. There is also a hidden bearish divergence on the moving average oscillator, which is another sign of weakness. My advice is […]