The GBP/USD has formed the POC zone at the M H5 camarilla. The price is very bullish.
The GBP/USD has formed the POC zone at the M H5 camarilla. The price is very bullish.
The bounce above the 1.4150 zone is very bullish. If we see a close above 1.4183 on the intraday time frame the GBP/USD could go higher towards W H4 -1.4226 and W H5 -1.4297. At this point, we can see that the price is zig-zagging to the upside and there are no signs of profit-taking. The double trend line is supportive for the up move.
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