GBPUSD Short Term Forecast
H4 - Price still has room higher towards the top of the bearish channel.
We had a first move to the upside and currently it looks like a correction is happening inside a bullish flag pattern
H1 - We had a strong support zone formed by the bottom of the bullish flag and the 100% fibonacci expansion level of the first wave we have.
Until this support zone holds my view remains bullish here in the short term.
We had a first move to the upside and currently it looks like a correction is happening inside a bullish flag pattern
H1 - We had a strong support zone formed by the bottom of the bullish flag and the 100% fibonacci expansion level of the first wave we have.
Until this support zone holds my view remains bullish here in the short term.