I do not post in here .. very active in gbpjpy thread
but gbpusd has all the makings of heading up this weak coming at least to test 1.4800.
1) wicks on bottom of red down candles = buyers off low
2) buying in the London session
3) rsx turned green on daily = bullish
4) Friday price ended in top half of green candle = bullish
5) price closed Friday above support 1.4350
6) DX ( dollar index has formed a top at previous highs , on very weak volume and bearish div rsx
but gbpusd has all the makings of heading up this weak coming at least to test 1.4800.
1) wicks on bottom of red down candles = buyers off low
2) buying in the London session
3) rsx turned green on daily = bullish
4) Friday price ended in top half of green candle = bullish
5) price closed Friday above support 1.4350
6) DX ( dollar index has formed a top at previous highs , on very weak volume and bearish div rsx
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