FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
233 5 1
Even though the down trend has been abandoned, the trend is not clearly up. Price is conforming to the bearish slope of the brick-color fork. The sterling is relatively weak but not particularly oversold, quite strengthening now. The US dollar             is much weaker and oversold, but is likely to at least stop weakening in the coming hours, if not strengthen itself. Anyway, although the picture is not clear, I'm slightly more bullish than bearish about the outlook of this pair.
I think that this reversing HAS complex top can make some resistance, I see it bearish here
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itaskar itaskar
maybe retest of previous lows and we will see double bottom
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A very nice daily fork, Ivan. :-) Price seems to love it. :-)
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itaskar ForceFollower
nice leg up :)
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It may be heading for the lime green median line very soon.
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