GBPUSD - Potential Rally before Sell
Updated
Last week Friday touched the discount area/buy zone.
Monday to Wednesday was very bullish for this pair.
We are seeing weakening or possible pullback.
This is backed up by divergence (image posted).
At H4 we can see supply area which price could possibly touch
before going down in favor of USD.
Monday to Wednesday was very bullish for this pair.
We are seeing weakening or possible pullback.
This is backed up by divergence (image posted).
At H4 we can see supply area which price could possibly touch
before going down in favor of USD.
Trade closed: stop reached
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