hello everyone gBPUSd has some signals for reverse like : 1 : candlestick formation + candlesticks pattern 2 : daily channel Trading ( in the highest Price ) 3 : indicator RSI at the hammer candle 4 : fibonacci expantional 161.8% + fibonacci retracement 100% ( in highest Price ) ( hammer candle ) 5 : head and shoulder in H1 time frame ( image in comments )
actually This analysis is based on technical analysis but there is some reasons that make it difficult to happen 1 : market sentiment 2 : fundamental news 3 : Bitcoin , Gold , and Euro are in uptrend against UsD and some more reasons : )
Its better to wait for more confirmations such as breaked out h4 long Channel and break out some Trend Lines and maybe good entry in lower time frame