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Back Technical analysis
GBP/USD. Smart Money. Friday May Mark the Start of a New Uptrend
The GBP/USD pair has returned to
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The GBP/USD pair has returned to a bullish imbalance, and I continue to wait for a reaction to this imbalance. The bullish pattern has been filled by 100%, which is neither good nor bad. Imbalances can be filled by any amount from 1% to 100%. In each case, a reaction to the pattern is considered valid as long as the pattern itself has not been invalidated. Invalidation of our bullish pattern will occur only below the 1.3400 level. Bulls therefore
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Samir Klishi,
Analytical expert of InstaForex
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Grigory Sokolov
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