


GeorgeSylva
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since Jul 23, 2015
chartpattern
waveanalysis
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Structurally, DXY is in a rising monthly channel and currently shows sign of a drop to the support of the channel, All attention is on how prices behave in the 101 region. Next year might be bearish for the dollar.
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With enough data, we can see that GBPUSD might have broken past and retested the monthly wedge. We can also see some interesting levels that GBPU might reach. The new year might prove to be an upside move for this pair, with the possibility of a 4000 pip move.
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The bullish run we had on November 24 is far from over. Technically, we can see price is in a rising wedge and from all indications we may see price reach 2023
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