[b]GBP/USD: Descending triangle is forming[/b]
Most Likely Scenario: Short position below 1.32521 with targets @ 1.2915 in extension
Alternative Scenario: Above 1.32521 look for further upside with 1.34881 as target.
Comment: the Stochastic ( 5, 3, 3 ) of GBP/USD on daily chart tend to go down.
Most Likely Scenario: Short position below 1.32521 with targets @ 1.2915 in extension
Alternative Scenario: Above 1.32521 look for further upside with 1.34881 as target.
Comment: the Stochastic ( 5, 3, 3 ) of GBP/USD on daily chart tend to go down.