Bullish Momentum in GBP/USD loses momentum

MACD on the 4-hour chart of the GBP/USD falls below its zero line and generates a sell signal.

With the decline below the zero line, what happened the last Time a week ago, shows the MACD as a sell signal.

Trend followers, which have just been waiting for such a Signal, could try to open new Short positions in the GBP/USD.

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