GBP/USD Trading Analysis (02/12/2024)
The trend is down. The currency pair is trading in the range between 365 and 135 ЕМАs. The ascending five-wave truncated structure ended with the break of the pivot 2 of wave 5. There is a bearish divergence on the Awesome Oscillator.
Trade idea:
- Buy on the breach of 1.2678.
- Stop-loss at …