GBPUSD reversal pattern spotted
Diupdate
RSI divergency has been spotted on the 4h chart, which adds to the bounce on the 50 Fibonacci level (also support area).
Stochastics are also indicating that a new bullish movement is coming.
I'm expecting the pair to shoot up towards the new 61.8 fib level which is also another S/R area.
Stochastics are also indicating that a new bullish movement is coming.
I'm expecting the pair to shoot up towards the new 61.8 fib level which is also another S/R area.
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