GBP-USD Daily Technical Analysis 03-Dec-2020

Based on the price action - most traders should be thinking the GBP-USD is going down in the daily time frame at least for 1 candlestick down today. But then again from the bigger picture on the monthly time frame the GBP-USD is strong bullish and it could trigger an immediate upside movement without warning. 

Fundamental economic data from the US, EU or the UK would trigger such a move and it will be bigger. At this point there is no clear picture if the GBP-USD should be bearish (short-term) vs the impending long term bullish trend. We will see if green or red candlestick for today. If it is red then most people are right otherwise green will be the long continuation of bullish trend.