GBPUSD - possible bottom and end of a bearish flag
hello and good morning. this is an update from june, 19 (tradingview.com/chart/EURJPY/f0YQfoKa-EURJPY-update-on-a-smaller-timeframe/)
in the last session i wrote that the pair needs a trigger at 1.256. the pair isn't in this zone, yet but it's possible that the pair will growing up in the next timeframes.
watch what happen in the next hours. remember: the pair need a breakout of the red trendline with 2 bullbars outside for the first confirmation. after that comes a pullback back to the trendline:
example:
in the last session i wrote that the pair needs a trigger at 1.256. the pair isn't in this zone, yet but it's possible that the pair will growing up in the next timeframes.
watch what happen in the next hours. remember: the pair need a breakout of the red trendline with 2 bullbars outside for the first confirmation. after that comes a pullback back to the trendline:
example:
Note
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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.