RaromFX

GBPUSD possible fake out??

FX:GBPUSD   British Pound / U.S. Dollar
Hello guys,here we have GBPUSD on the daily timeframe that broke the resistance/supply zone, but this break doesn’t convince me because can be a fake out and I also tell you why, the first yellow line on the chart is the newly created high in these days which corresponds with another supply zone at 1.36250 and as we can see it had a reaction and went down but towards the last few hours the candle has receded, so the movement could still be in the hands of the buyers, but the thing I noticed is the divergences that have formed over the years on the daily timeframe of GBPUSD and it is still making one very clear divergence right now and always had a big drop after these divergences, possible for GBPUSD to collapse and go back to this year's lows at 1.14 or do a simple retest at 1.26 before continuing to 1.45?
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