Purely technical analysis for GBPUSD, trend looks steady for a couple weeks to come disclaimer: this is not an investment advice, only a supposition .
Price breaks above major resistance level, then retests at 1.71. Eyes on the EUR's -CPI and USD's manufacturing PMI. Never the less STRONGLY BULLISH
INDEX: RED DOTTED TREND = HOW BITCOIN WAS SUPPOSED TO PERFORM BLUE TREND = HOW BITCOIN COULD END-UP PERFORMING BLACK TREND = HOW BITCOIN SHOULD PERFORM MY TECHNICAL INSIGHT ON BITCOIN'S TWO WEEKS PERFORMANCE. WHAT'S YOUR THOUGHT ON BITCOIN HENCEFORTH
A tendency indicates from 2007 that a wedge pattern is in formation 2007 THROUGH 2015 2015 THROUGH 2021 2021 THROUGH 2025 SHOULD THIS PATTERN PLAY OUT, COMPLETION IS EXPECTED BY 2025, WHILE THE CURRENT SHORT POSITION COULD HOLD FOR AT MOST TWO YEARS DISCLAIMER: THIS IS AN OBJECTIVE PERSONAL IDEA NOT INTENDED AS AN INVESTMENT ADVICE