GBPUSD showing signs of Strength but shows weaking of US DOLLAR

2019-11-14 00:48:25

GBP for the monthly chart is showing a Major Rally pattern known as a Falling Wedge, W pattern forming at Bottom which indicates a rally Position. However also at prior economy history via the price chart we following in a similar pattern where we will be hitting a rally up to create break out and new Lower High. indicating a Pivot following a Large Economic Drop in price creating a new Lower Low.

this chart analysis shows a large buy and sell option trade and of course be careful when trading