merakshi

GBPUSD Monthly chart - EDT expected -> Bullish Picture

Long
FX:GBPUSD   British Pound / U.S. Dollar
Dear all,

In the big picture view of the monthly chart I see an Ending Diagonal Triangle and a bullish divergence between Price and RSI .
The lower trendline contains 3 Price hits and there is a price surge after wave E.
This if from my perspective a very bullish picture.

Let's zoom in and check the spike after wave E.

Cheers,
Merakshi

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