RaynLim

GBPUSD-Weekly Market Analysis-Jan22,Wk3

Long
FX:GBPUSD   Livre sterling / Dollar américain
GBPUSD is on a bullish trend; a Bullish Bat Pattern completes at 1.2101 and gives us a candlestick pattern confirmation within the Bat Pattern, within the Demand Zone / Buy Zone. Note that Point C poses a warning sign for the Bat Pattern traders; a candlestick pattern confirmation is a MUST for me.

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