After a sharp drop, we saw an upside push on the price with a strong rejection with a higher low structure.
Currently, price has made a reversal double bottom pattern and is approaching to the resistance zone which is also the neckline of the pattern around 1.3440
Since price is facing bullish pressure, If it breaks the yellow zone and closes a bullish candle above this level, I expect a rise on GBPUSD after a retest around 1.36
Currently, price has made a reversal double bottom pattern and is approaching to the resistance zone which is also the neckline of the pattern around 1.3440
Since price is facing bullish pressure, If it breaks the yellow zone and closes a bullish candle above this level, I expect a rise on GBPUSD after a retest around 1.36
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