#GBPUSD: Time To Buy
The overall market structure is bullish.
As you can see, the price is moving in a Rising Channel
And the price has reached the upper boundary of the pattern
I believe we can see a pullback to the supply-turned-demand zone
The RSI indicator is also in the overbought territory
A pullback is likely to happen before a continuation
As you can see, the price is moving in a Rising Channel
And the price has reached the upper boundary of the pattern
I believe we can see a pullback to the supply-turned-demand zone
The RSI indicator is also in the overbought territory
A pullback is likely to happen before a continuation
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.