From looking at bigger TF's, you can see overall that GBPUSD is currently going through a corrective phase. Price peaked in December 2022 & since then price has been ranging.
Selling Confluences:
🚫Failure to Take Out Last Daily High.
🚫Buying Momentum Slowed Down.
🚫Strong Bearish Rejection of January OB.
🚫3 Sub-Wave (A,B,C) Correction Still Not Complete.
Selling Confluences:
🚫Failure to Take Out Last Daily High.
🚫Buying Momentum Slowed Down.
🚫Strong Bearish Rejection of January OB.
🚫3 Sub-Wave (A,B,C) Correction Still Not Complete.
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t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.