GBPUSD has been trading in a bearish resistance trendline. It is taking a hit from the falling trendline.
However, the price is making higher lows but is unable to make higher highs since the appearance of bullish divergence. Indicating converging of price and breakout is near.
Wait for the price to break above or below and take positions accordingly
However, the price is making higher lows but is unable to make higher highs since the appearance of bullish divergence. Indicating converging of price and breakout is near.
Wait for the price to break above or below and take positions accordingly
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