GBP/USD Price Analysis: Bears are sinking in their teeth and eye 1.1700 / 1.1650 – by fx_ross GBPUSD Technical Analysis
Wednesday was a red day, leaving a bearish wick on the charts which is essentially a lower time frame business that is vulnerable to a correction, as per the following 15-min chart:The trapped volume up top needs the price to continue higher, but those longs could be out of luck as the retest of the counter-trendline could prove to be a failed effort if the bears commit over the course of the next day and final sessions of the week.
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