GBPUSD was trending in a bearish descending channel. It printed a bullish divergence and a Double bottom thus changed the bearish scenario into a neutral one. Now we are eyeing if it breaks above 1.25169 i.e LH level, a new bullish trend may start.
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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.