Indicators used:
Stochastics (default setting)
Bollinger bands (default setting)
This month has seen the gbpusd showing a lot of bullish momentum.
Daily chart shows several days rise, before a rejection from the top bollinger band, with the stochastic indicator crossing down
The bullish momentum is more obvious in the weekly chart, with price testing the middle band of the bollinger indicator.
I expect a pullback before a heavy push upwards towards 1.6
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