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here is the analysis for GBPUSD
price was not able to close below 1.1500 phycological number and formed potential double bottom with RSI divergence confirming the idea on hourly time frame chart, it's possible we see a retracement to the upside
i will approach this idea in a conservative way and wait for the DB to be confirmed look for a retracement to enter
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
here is the analysis for GBPUSD
price was not able to close below 1.1500 phycological number and formed potential double bottom with RSI divergence confirming the idea on hourly time frame chart, it's possible we see a retracement to the upside
i will approach this idea in a conservative way and wait for the DB to be confirmed look for a retracement to enter
Thank you for reading this idea! I hope it's been helpful to you and some of us will turn it into profitable.
If you like our idea and want to see more press the like button, share it, and do not forget to let us know your opinion below the post
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
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