Volatility squeeze and W formation GBP/USD
I found potential bottoming on GBP/USD. There is decreasing in volatility (squeeze) and W formation according to 30M time frame. Price may at least visit FB 50% and 61.8% >
Targets > 1.2475, 1.2495 and 1.2560
Position will be invalid if price go below 1.2383
Targets > 1.2475, 1.2495 and 1.2560
Position will be invalid if price go below 1.2383
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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.