The GBPUSD is about to come up to an interesting point in its instrument life!
A nice triangle wedge has formed which is a corrective from the overall bear trend formed over the recent months with the US Dollar index. I suspect we'll see some oscillation for some days possibly the next week or so and then a potential big move towards the south.
I did publish that a potential trade to parity for GBPUSD could be on the cards and the break of this wedge may confirm the beginning of this massive move!
For more insights, follow me either by using tradingview or by signing up to my website at: www.ejfxtrading.com
A nice triangle wedge has formed which is a corrective from the overall bear trend formed over the recent months with the US Dollar index. I suspect we'll see some oscillation for some days possibly the next week or so and then a potential big move towards the south.
I did publish that a potential trade to parity for GBPUSD could be on the cards and the break of this wedge may confirm the beginning of this massive move!
For more insights, follow me either by using tradingview or by signing up to my website at: www.ejfxtrading.com