GBPUSD (Aug 24-28) Analysis
Updated
Dollar (DXY) has Daily Divergence indicating a pullback. Looking for Pullback this week to Golden Zone of Fib levels.
*We know we are exchanging USD for GBP. So GU does opposite of DXY*
GU has Daily Divergence as well indicating a pullback. Looking for Pullback this week to Golden Zone of Fib Levels.
*We know we are exchanging USD for GBP. So GU does opposite of DXY*
GU has Daily Divergence as well indicating a pullback. Looking for Pullback this week to Golden Zone of Fib Levels.
Trade active
Note
Note
Price is at resistance on 1HR creating double top (M pattern). Looking for continuation to down side for new low.Note
Double Top Push up turned the Pattern to a Head and Shoulders. Looking for drop during New York.
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