FX_IDC:GBPUSD   British Pound / U.S. Dollar
30 views
1
WAVE 3 LOOKS LIKE ITS ABOUT TO END AS IT HAS OCCURRED MONTHLY RESISTANCE, COULD SEE WAVE 4 FORM THE PULL BACK TO 38% OR 50% FIB OF WAVE 3. IF THAT DOESN'T HOLD THEN WEEKLY SUPPORT IN RED SHOULD PROVIDE A SOLID BASIS.
Comment: Hidden divergence also spotted on RSI.
Daily candles showing higher high, whilst RSI is showing lower high signalling bulls are tired