Although
GBPUSD
is seeing a very bullish Daily trend, I see something like this happening over the long term. We can can also see some heavy divergence on the Daily chart.
Confirmations:
-Fib Levels
-Imbalance
-Divergence
-Structure did not break to the upside when testing highs
GBPUSD
is seeing a very bullish Daily trend, I see something like this happening over the long term. We can can also see some heavy divergence on the Daily chart. Confirmations:
-Fib Levels
-Imbalance
-Divergence
-Structure did not break to the upside when testing highs
Comment:
Looks like we are about halfway into the reversal zone.