This pair complete WXY pattern and ready to go high or even higher. Already starts its move to the upside. In H1 chart we got a sharp move already . Ready to take a long entry after a small correction. Daily chart perspective i am long in this pair. So we may see bullish move in this pair in this week.
I see a ABC correction in this pair and it will go one leg up and complete its cycle. After that we may see downward movement. Off course you confirm with candle signal or pattern to go long from this zone. I see a divergence in H4 chart. this will gives me clue to go long from here.
Clear WXY formation. Stoch overbought lavel. rejected from 78.6 level. An Inside bar setup. My prediction to the downside to next support level
H4 Channel top, Price retest this zone. Momentum indicator showing overbought. I think it will come down and reach target.
H4 channel top. A Pin bar appears at this point. Price retest. Momentum indicator is showing overbought. So i go for short.
This pair is searching a demand zone. As trend is down in H4 so i will go long from demand zone this week.
GBPUSD finds demand zone for a fullback. I think before start a fullback it comes on the ground. D1 chart looks bearish. So before an aggressive move to the downside a fullback is obvious i think. That's why i am now bullish in this pair.