GBPUSD 11-15 Week Analysis [October] Bullish Pennant on Daily pour FX:GBPUSD par Trader-TO

GBPUSD 11-15 Week Analysis [October] Bullish Pennant on Daily

There is a bullish Pennant visible on the Daily charts hinting a continued upwards movment to around 1.372. Furthermore, according to Trading Central, a double bottom can be seen on the 30M chart with price corss over on moving average signaling a new uptrend. This could be a 21 pips shot up. Comments and feedback?

Trade fermée: cible de profit atteinte

It seems the upshot played nicely per analysis although there was a sharp trend downwards prior to the prices finally moving up. I am unable to explain the trend downwards prior to the above analysed upshot.

Trader-TO

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