Get started
sakisf

GU triangles inside triangles, big move cooking

British Pound / U.S. Dollar (FX:GBPUSD)  
sakisf  
FX:GBPUSD   British Pound / U.S. Dollar
12
0
GU has been "bullish" for the time being on Monday, but it has not yet touched the top triangle falling line. It keeps creating triangles inside triangles, suggesting that it is in a consolidation phase and a big move to break the main triangle is cooking, most probably short as we are approaching March and Brexit news.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.