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Back Technical analysis
GBP/USD – Smart Money Analysis: Bullish Outlook and Prospects for Further Gains
GBP/USD has made significant progress toward
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GBP/USD has made significant progress toward establishing a new bullish impulse within its annual range. Liquidity was swept below the June 24 low, allowing the bulls to launch their first attack. This was followed by a reaction to the bearish imbalance at level 29, a corrective pullback, a test of the bullish imbalance at level 31, a reversal in favor of the pound, and another advance toward imbalance 29. A second reaction to imbalance 29 has not yet occurred, although
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