British Pound / U.S. Dollar

Short

Updated

Possible end of correction

One more up push to 61.8% before impulse to down side..

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Small short term trade with strong divergence on RSI... We can see some sort of rising wedge pattern which is trend reversal indication...

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TouchDown.

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New impulse on the way.. Sell the break out..

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One more up move to tag resistance line. Price making sharp up moves inside of ascending channel. We should see reversal sooner or later. Possible break out of resistance and continuation of Pound appreciation.

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Possible turning point for GBPUSD on Weekly Chart.

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Pin_Point_Signal_Service

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Pin_Point_Signal_Service

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.