GBPUSD -0.13% is squeezing at the bottom as an A-B-C structure is in the making. Also, there is a bullish divergence signaling a potential change in direction soon. Therefore, a buy trade to the 0.382 fib. level is a good idea.
Trade with care. Use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
Trade with care. Use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
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Just realised my idicator was cut out to show the bullish divergence:
