Here, we show moving averages have turned bullish against a weekly bearish trend.
IMO we are looking at a potential trend change.
Watching for a breakout over the 50sma and also that channel line along with price action to indicate.
For a bullish move, the next resistance is at the green dotted (inner cloned monthly trend line)>
We'll see what the dollar index does and fundies on the pound does.
IMO we are looking at a potential trend change.
Watching for a breakout over the 50sma and also that channel line along with price action to indicate.
For a bullish move, the next resistance is at the green dotted (inner cloned monthly trend line)>
We'll see what the dollar index does and fundies on the pound does.
