GBPUSD: a possible correction is starting ?
Traders,
Last week we said there is not a signal is showing that the bottom for POUNDS is coming on weekly chart. That was not confirmed and was a trap. Pls go check it on weekly chart that a EURUSD'S similar hammer is now showing some bull sign. A correction is coming true for next week or weeks.
On daily chart, a broken trendline is now confirmed and we love to see a correction for Pounds back to the orange on weekly chart first . Thats 300 pips from the bottom of the hammer.
Less is more!
Last week we said there is not a signal is showing that the bottom for POUNDS is coming on weekly chart. That was not confirmed and was a trap. Pls go check it on weekly chart that a EURUSD'S similar hammer is now showing some bull sign. A correction is coming true for next week or weeks.
On daily chart, a broken trendline is now confirmed and we love to see a correction for Pounds back to the orange on weekly chart first . Thats 300 pips from the bottom of the hammer.
Less is more!
Comment:
support is still valid for gold
Trade active:
Pending order.
