Hi every one British Pound / U.S. Dollar the GBP/USD is in a very interesting situation! we can see that there was a head and shoulder pattern which the market has broken the neckline and did the expected bearish movement and there is also a bearish pennant which means the bearish movement is getting stronger,how ever if you pay attention there is also a regular bullish divergence (+RD) on MACD which is pretty visiable and after Senate passes $1.9 trillion Covid relief bill, we should expect a bearish movement for USD in general ! GBP/USD in our opinion can start the bullish movement from here or at the support level shown in the picture! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change…
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea .
Have a nice day and Good luck



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