Hi there,
GBPUSD is still in a downtrend on Monthly Timeframe, didn't break last top, and now its setting up for a change of trend on daily and weekly timeframe
This is a long term view, the target is mentioned in the chart, lower than 2020 March
After we hit that target, GBP will change his trend to a Uptrend on Daily, Weekly and Monthly timeframe
Pay attention to the price action arround 1.40/1.41, cause we will make a lower high there, and we start a sharp sell off there.
Good luck
GBPUSD is still in a downtrend on Monthly Timeframe, didn't break last top, and now its setting up for a change of trend on daily and weekly timeframe
This is a long term view, the target is mentioned in the chart, lower than 2020 March
After we hit that target, GBP will change his trend to a Uptrend on Daily, Weekly and Monthly timeframe
Pay attention to the price action arround 1.40/1.41, cause we will make a lower high there, and we start a sharp sell off there.
Good luck