GBPUSD, Further Crash or Ready to Take Off?
Hi, Let's take a look at GBPUSD
1/2
Sterling Has broken and Retested Rising Wedge
W & D candle closed above 1.34 strong support
zone indicating no further Bearish momentum.
However, FOMC interest rates make Dollar's
recovery and we might be able to see some strong
movements in upcoming months also.
2/2
After breakout, GU seems to be retesting
inside Rising Wedge .
GU retested at 1.34 but further decline is
expected.
If M candle closes above 1.34 zone then
there's possibility of Bullish Momentum.
Don't forget about OMIICRON'S manipulations.
We might see some crashes same like COVID 19.
1/2
Sterling Has broken and Retested Rising Wedge
W & D candle closed above 1.34 strong support
zone indicating no further Bearish momentum.
However, FOMC interest rates make Dollar's
recovery and we might be able to see some strong
movements in upcoming months also.
2/2
After breakout, GU seems to be retesting
inside Rising Wedge .
GU retested at 1.34 but further decline is
expected.
If M candle closes above 1.34 zone then
there's possibility of Bullish Momentum.
Don't forget about OMIICRON'S manipulations.
We might see some crashes same like COVID 19.
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