This is the futures of GBPUSD, so price is different then spot. We are coming into a great short-term buy.
British Pound testing support (monthly chart). If support holds bull trend ahead. Monitor.
We have a potential short setup in the Pound/Yen, where a time at mode uptrend might fail against resistance. Price also appears to be completing a rising wedge, so if indeed valid, the move down will be very sharp and lead to a retest of the lows in 1/3 of the time that it took for it to go up. I've used the futures symbols as a ratio to give me an indication of...