possible tripple bottom on 4h and also bottom at the weekly
Note
The Support is still firmly holding, expecting rise soon, after this consolidation, GBP was weak recently, expecting new impulsesRSI oversold on weekly, monthly, daily - expecting trend change
Risk Reward Ratio is very good
Note
First to 1,70 - Daily Trend LineSecond to 1,85 - Weekly Trend Line
Thirdly over 1,85 - Monthly Trend Line
Note
Still possible moving upwardswaiting for decision of the BoE about the "historic" rate hike
so for now it looks like "diamond pattern"
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.