Hey traders,
GBPUSD looks very weak and oversold.
After a strong bearish rally, the price reached a minor demand zone on 3 days chart.
1.31 - 1.32 is the area from where I will expect a pullback.
My confirmation is a bullish breakout of an expanding wedge pattern and a double bottom formation within its boundaries.
Goals:
1.335
1.35
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.