GBP/USD intraday outlook: Bullish flag breakout on cards
Hourly chart
Bullish flag breakout would signal continuation of the sharp recovery from the previous day’s low of 1.2346. The pair could test 1.26 levels.
The bullish pattern on the hourly chart adds credence to the daily RSI hovering above 50.00 levels.
Bullish invalidation is seen below 1.2470.
Bullish flag breakout would signal continuation of the sharp recovery from the previous day’s low of 1.2346. The pair could test 1.26 levels.
The bullish pattern on the hourly chart adds credence to the daily RSI hovering above 50.00 levels.
Bullish invalidation is seen below 1.2470.
