GBPUSD Bullish Outlook
Price seemed to have pushed enough also showing loss in momentum when reading the candlesticks presented, after a push comes an exhaustion and that is what I intend on allowing to happen before entry in this pair. In the scenario price does not exhaust its way to the 38% on Fib then the next scenario would be to enter the exhaust if price decides to break out of this pattern.
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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.