FX:GBPUSD   לירה שטרלינג / דולר אמריקאי
Technically speaking, the cable gave a false bearish signal, and it often happens that when there is a false breakout, the market's going to break the resistance on the other side, this happened.
In the last 10-15 years, during the election period in the UK, the pound has always lived a bear market, but so far, the cable Sebra be set for a further bullish extension.
If we look at the W and M time frame, we see that both signals are bearish, while on the daily chart and H4 trend has become strongly bullish.
I expect some pullback, but this should be interpreted as a buy opportunity.
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This is the analysis that we published about a month ago: If you look at the graph on the bottom right, you'll notice that this rebound was already planned.


This graph shows the analysis of the false breakout:


And finally, this was our last analysis published:


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By Anonymous Banker
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