This trade have been on my tradingview since Monday. We got some slow days on it, but now I believe that the price will start moving. The price made a movement up. Out of this stress, consolidation zone and retest it to start going up now 📈
Very nice reversal setup affter reach an important supopport zone
We can see a possible breakout of the trend channel, and we can expect a retest around this two small green lines plus up trend line on the right side. Affter the retest if the gap dont kill the analysis, we can have a good oportunity for buy positions. We can also have a possible inverse head and shoulders pattern .
Depending on how the market open we have here a strong zone of support and a pullback its very possible. The price its in over selling
In general Today GBP is falling. its time to brake the Support zone and keep going till the next strong one.