The trend for GbpUsd is clearly bearish, however, since Mid-may, the drop is contained in a falling wedge indicating losing power.
A reversal can be next for this pair and GbpUsd back above 1.2 could give us confirmation.
As long as the price is above the recent low my outlook for GbpUsd has become slightly bullish
A reversal can be next for this pair and GbpUsd back above 1.2 could give us confirmation.
As long as the price is above the recent low my outlook for GbpUsd has become slightly bullish
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