Invalidation - gbpusd has been in a major sell but currently we can see a push to the upside (bullish momentum) which may continue.
A break & strong candlestick closure above price level 1.20500 may constitute strenght of the pound or affirm the weakness of the dollar as shown on the dxy chart.
Price is currently at a cross road.
I am anticipating a break to the upside.
A break & strong candlestick closure above price level 1.20500 may constitute strenght of the pound or affirm the weakness of the dollar as shown on the dxy chart.
Price is currently at a cross road.
I am anticipating a break to the upside.