-Long term trendline has been confirmed and the pound has been hitting new higher highs.
-It seems to be a cup and handle pattern and it similarly appeared in the previous high as well.
-RSI is close to neutral - sloping upwards which gives a bullish signal.
The pound has been positively reacting with news on Brexit progression talks where as the US has been showing uncertainty due to Trump being involved with Michael Flynn as well as the uncertainty of passing the GOP Tax Bill.
-It seems to be a cup and handle pattern and it similarly appeared in the previous high as well.
-RSI is close to neutral - sloping upwards which gives a bullish signal.
The pound has been positively reacting with news on Brexit progression talks where as the US has been showing uncertainty due to Trump being involved with Michael Flynn as well as the uncertainty of passing the GOP Tax Bill.