GBPUSD - Potential Reversal Next Week?
We've had three strong pushes (look at the yellow arrows)
After a push, a consolidation period occurs (rectangle) which did not occur on the latest push.
Could this suggest that 1H bears are exhausted and the bulls will come in?
Look for a break towards the top of the triangle to confirm this.
After a push, a consolidation period occurs (rectangle) which did not occur on the latest push.
Could this suggest that 1H bears are exhausted and the bulls will come in?
Look for a break towards the top of the triangle to confirm this.