Weekly technical analysis of GBP-USD

Pound Dollar: The pair is trading in negativity on the H4 chart, and selling momentum appeared yesterday, the first day of trading in the week, and currently a selling signal appeared on the MACD indicator, with less momentum than the last two peaks on the index and on the graph, a price rise, which forms a divergence that will push the price down, which is what happened The first batch yesterday. We will continue selling only this week with large lower targets, as long as the MACD indicator maintains its negativity, and we advise traders to maintain a suitable stop loss for all trades.

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