Currently, on this Forex pair, I am a bit down on entry. Right now looking at BB %B (Bollinger Bands Percentages) in the indicator and the cycling pattern on GBPUSD w/ short sellers and growth correlations, I think it should bounce back for the next positive wedge correlation. That being said, invest at your own risk. As always, do your own due diligence. What I say shouldn't be taken as face value as actionable financial advice.
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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.