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Back Technical analysis
GBP/USD – Smart Money Analysis: Favorable Chart Structure and a Strong Pound
GBP/USD has taken a significant step
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GBP/USD has taken a significant step toward a new bullish impulse within its yearly trading range. Liquidity was swept below the June 24 low, allowing bullish traders to push the pair 260 points higher. This was followed by a reaction to the bearish imbalance from the 29th, a corrective pullback, a reaction to the bullish imbalance from the 31st, a reversal in favor of the pound, and another advance toward the imbalance from the 29th. A new corrective pullback does
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