IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't over leverage.
🔸 Other noteworthy Technicals/Fundies
::: TD9 /Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: SHORT
Hello everyone who want to catch long term uptrend.
To look to chart could see two lower yellow rings and two higher, where could see something like two bottom startegy. GBPUSD is going uptren more than two week. In RSI green color show, when started to go up .
As can be seen price has broken out of the wedge formation. What usually happens now is a deep retracement back into the wedge and a spike back out continuing the upwards trend towards a re-test of previous highs.
The farms rolls tomorrow are historically the worst and this should give a perfect opportunity for bulls to carry price higher.
See below for a double...