Disappointing NFP results have discerned the market's want for USD dollars. GBP on track to continue its steady uptrend after being overbought with a slight correction.
Buy GBP 1.38460 SL 1.38360 TP 1.38900
Confluence Details:
1. Price reversal and momentum change at 1.38500 key level
2. Bullish fakeout identified in a uptrend - (LH and LLs made within a...
If tomorrow we see the bitcoin price increase and hit the green box, this could be confirmation of a bullish fakey pattern with a target of 6910 which would be very nice for the bulls and any HODLers! If the price dips lower than today's low though that would be an indication that this pattern is not valid and we need to keep looking.
