Bullish Bat forming on GBPUSD - BUT a number of different scenarios, we can see reversal around 1.28 or 1.27. If price falls below recent low from late august - this theory is invalidated. Multiple divergencies forming across different timeframes. DXY playing prime, possibly showing signs of topping (ascending wedge, etc.). Caution advised
John Florence
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John Florence
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.