FX_IDC:GBPUSD   British Pound / U.S. Dollar
12
Wyckoff sentiment. Building a bullish cycle. In the back of my mind there is still the even larger timeframe picture where we could get down to 1.05 but for now I'd be blindly long at 1.217. Non comms have been short covering since November leading to the 4/500 tick rally from 1.20. Volume has had upticks recently above the 200vma which provides somewhat of a bullish signal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.