Note: My narratives are based on technical analysis, not economic news driven
For a long time now, we have been bearish Gbpusd on daily timeframe
My narratives will indicates the reason while the bearish bias will continue in coming weeks
;On daily timeframe, a swing low @1.20750 was broken last week Friday.
The break of that low confirmed my analysis that Gbpusd will rally up to high @1.24059, to clear the buy side liquidity.
After the buyside liquidity@ 1.24059, we'll see the algorithm move price to the down side to seek the low @1.19757 then @1.19334
Thanks, this is my first time publishing my opinion, encourage me๐
Not a financial advisor โ
For a long time now, we have been bearish Gbpusd on daily timeframe
My narratives will indicates the reason while the bearish bias will continue in coming weeks
;On daily timeframe, a swing low @1.20750 was broken last week Friday.
The break of that low confirmed my analysis that Gbpusd will rally up to high @1.24059, to clear the buy side liquidity.
After the buyside liquidity@ 1.24059, we'll see the algorithm move price to the down side to seek the low @1.19757 then @1.19334
Thanks, this is my first time publishing my opinion, encourage me๐
Not a financial advisor โ