GBPUSD - a potential reversal - Confluence of Evidences
GBPUSD taking support from a Fib level,
a big rejection of downward move on a Horizontal TL, and
a potential morning start formation on 4HR.
Looks ready to test the downward trendline. A break above would even make the move stronger. A Good R:R scenario for short term and to trail if cross the Vertical TL.
a big rejection of downward move on a Horizontal TL, and
a potential morning start formation on 4HR.
Looks ready to test the downward trendline. A break above would even make the move stronger. A Good R:R scenario for short term and to trail if cross the Vertical TL.