RaynLim

GBPUSD-Weekly Market Analysis-Aug22,Wk2

Long
FX:GBPUSD   Livre sterling / Dollar américain
A retest of 1.2026 on the 1hourly chart, not only it would give us a retest or to some a double bottom with an RSI Divergence, if you look at the bigger timeframe, the daily chart, you would see a potential Head and Shoulders Pattern that give an opportunity to long on this counter-trend trading setup.

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