GBPUSD has retested the support area which is offered by previous down trend channel top line and previous high.
A Doji candlestick generated in the support area.
Stoch is in over sold level but the actual price and RSI didn't drop down much.
The down trend only generated ABC Elliott correction wave which means main direction could be still North.
Down trend top line has been break through.
Guppy EMA is offering support.
There could be some support here and the price would be waiting for break though the Support/Resistance line ahead.
Buy now.
A Doji candlestick generated in the support area.
Stoch is in over sold level but the actual price and RSI didn't drop down much.
The down trend only generated ABC Elliott correction wave which means main direction could be still North.
Down trend top line has been break through.
Guppy EMA is offering support.
There could be some support here and the price would be waiting for break though the Support/Resistance line ahead.
Buy now.