$GBPUSD
GBPUSD
is entering into a deep, solid and potentially long consolidation zone. Major techs are bullish, although they have been severely hit by latest bearish price action guided by Brexit latest news.
This zone should slow down the bears but it might take several candles to consolidate. While price action stays inside this falling-wedge and below the 1H 10SMA, bears are in active control of the situation.
Trade safe!
Alberto Alvarado
Ask me! | https://earn.com/iiivb/
GBPUSD
is entering into a deep, solid and potentially long consolidation zone. Major techs are bullish, although they have been severely hit by latest bearish price action guided by Brexit latest news. This zone should slow down the bears but it might take several candles to consolidate. While price action stays inside this falling-wedge and below the 1H 10SMA, bears are in active control of the situation.
Trade safe!
Alberto Alvarado
Ask me! | https://earn.com/iiivb/