gbpusd just about forming a triple top
It has the potential to create a new range bound market
if so, a likely region to suggest profit level would be the major level of support
A lot of fundamentals occurring at the minute so technical analysis is difficult to predict where this may go, especially due to it being a major currency pair
Nothing I've entered yet,...
Formed a double top and expecting it to be rejected
The newer formed strong uptrendline is where we are looking to see it bounce back to...
Potentially may break this trend line and drop back down to the wider timeframe trend line forming from mid March,if so, could result in a very profitable swing trade. Who knows what the market will do!