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Saturday, November 13, 2021

GBPUSD 08-12 [NOV] Analysis - More Bullish Signals

GBPUSD 08-12 [NOV] Analysis - More Bullish Signals

GBP/USD OANDA:GBPUSD

Following my last post on the anticipated cup and handle formation, I have further highlighted forex imbalance that might warrant an uptrend PA this week following the new low for the year. We can wait for PA to break the resistance and enter a long position. Although, with one minute remaining in the closure of the H1 candle, a Hanging Man might be the result which might see some bearish actiuon at the start of the week. Thoughts?



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