GBPUSD is forming an ending diagonal into a demand zone right near a fib line which is also backed by divergence and falling volume near the end of this pattern showing weakness and a lack of sellers and candles are forming lower wicks. Divergences are on weekly daily and 4 hour. Also there are signals from the Williams vix fix which is showing bottoms.
Note
Peferct double bottom with a nice lower wick
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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.