GBP/USB Massive move up has just begun

GBP/USD reached Extreme Divergence on the daily chart. And just showed confirmation for entry on H4 with a Bullish Engulfing Tweezer Bottom!

The pair should have a long journey up to reach the point where extreme divergence started on D1.

Also 20 Candle ride on Bollinger Bands so will correct to the opposite band as first Take Profit.

D1 Extreme Divergence - Passed below 20 on Stochastic and Extreme on MACD Histogram.


H4 Entry confirmation Bullish Engulfing Tweezer Bottom


Hope you enjoy the pips.

The rally on the GBPUSD may just be a correction. The bearish trend is still in place.