FX:GBPUSD British Pound/U.S. Dollar
February Gap of GU will be closing soon as the price advancing to the upper level and creating high peak and trough. The price slowly bouncing in the shallow and from the dow theory perspectives the minor trend showed up a , while the primary and secondary trend are not confirmed yet to be . The closing gap will generate a strong resistance, clustered with failed ext retracement, which leads to pattern, also combined with . After lower trough have been made, the transition will continue as and transition trapping completed.