Although 
GBPUSD is seeing a very bullish Daily trend, I see something like this happening over the long term. We can can also see some heavy divergence on the Daily chart.
Confirmations:
-Fib Levels
-Imbalance
-Divergence
-Structure did not break to the upside when testing highs
GBPUSD is seeing a very bullish Daily trend, I see something like this happening over the long term. We can can also see some heavy divergence on the Daily chart. Confirmations:
-Fib Levels
-Imbalance
-Divergence
-Structure did not break to the upside when testing highs
Note
Looks like we are about halfway into the reversal zone.
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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.