From a technical perspective, we have a trendline still forming, an inverse head n shoulder on M30, and a valid divergence. Following the recovery of the economy, GBP can bounce up again. Let's wait and see if the neckline will be broken.
This analysis was done using the following indicators:
-RichTL v1
-MACD
If you like the idea, support us with a like and follow.
MacroForex
This analysis was done using the following indicators:
-RichTL v1
-MACD
If you like the idea, support us with a like and follow.
MacroForex