GBPUSD showing signs of Strength but shows weaking of US DOLLAR
GBP for the monthly chart is showing a Major Rally pattern known as a Falling Wedge, W pattern forming at Bottom which indicates a rally Position. However also at prior economy history via the price chart we following in a similar pattern where we will be hitting a rally up to create break out and new Lower High. indicating a Pivot following a Large Economic Drop in price creating a new Lower Low.
this chart analysis shows a large buy and sell option trade and of course be careful when trading
this chart analysis shows a large buy and sell option trade and of course be careful when trading
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