Merry Xmas and Happy New Year to you all!
GBPUSD has made a small reverse bull hammer on weekly chart which is a good sign for buyers because it appear on the bottom line of Bollinger bands. But this is a totally bull signal yet.
On daily chart, you could find the smaller broken channel showing a sign of the end of the down trend. A correction could send pounds back to retest the bigger channel. This is possible before something news fundamentally destroy this technically structure.
So plan on GBPUSD is also finding 4H SIGNAL TO LONG IT .
Less is more!
GBPUSD has made a small reverse bull hammer on weekly chart which is a good sign for buyers because it appear on the bottom line of Bollinger bands. But this is a totally bull signal yet.
On daily chart, you could find the smaller broken channel showing a sign of the end of the down trend. A correction could send pounds back to retest the bigger channel. This is possible before something news fundamentally destroy this technically structure.
So plan on GBPUSD is also finding 4H SIGNAL TO LONG IT .
Less is more!
