GBPUSD, Breaking OUT...?
As salam alaikum
Critical Zone
1.375 seems to be M,W,D rejection point.
Still trapped in Rising Wedge but on verge
of breaking out.
but another Falling Wedge can also be seen
on lower TF.
Monthly candle has closed and it's strong
"Hanging Man CandleStick".
Indicating a reversal.
GU will be Bullish once 1.36-7 zone breaks
above and holds for another week atleast.
Else we can see another strong dip aiming
Dollar Strength.
Critical Zone
1.375 seems to be M,W,D rejection point.
Still trapped in Rising Wedge but on verge
of breaking out.
but another Falling Wedge can also be seen
on lower TF.
Monthly candle has closed and it's strong
"Hanging Man CandleStick".
Indicating a reversal.
GU will be Bullish once 1.36-7 zone breaks
above and holds for another week atleast.
Else we can see another strong dip aiming
Dollar Strength.
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