GBP looks to gain strength and start a rally. There’s been a sell-off which ended in August 2018.
RSI showed divergence signaling that selling moment is lost
Price pulled back to the trendline and is forming a Higher low at the 78.6% fib level
Price shows bullish signals from here with the current closing price of the week forming a bullish candle
A bullish swing is expected at least to previous structure highs
RSI showed divergence signaling that selling moment is lost
Price pulled back to the trendline and is forming a Higher low at the 78.6% fib level
Price shows bullish signals from here with the current closing price of the week forming a bullish candle
A bullish swing is expected at least to previous structure highs
