1. As you can see we have a regular bullish divergence on the 4hr timeframe
2. In addition to this we are currently in a falling wedge
3. If we break to the upside and use my resistance area (black line) as support which is a key level we could see upwards of 300 pips
4. Signal to enter would be a bullish candlestick formation of the support area
4. In addition to this analysis UK parliament have said they wont leave the EU without a deal which could rally the pound
2. In addition to this we are currently in a falling wedge
3. If we break to the upside and use my resistance area (black line) as support which is a key level we could see upwards of 300 pips
4. Signal to enter would be a bullish candlestick formation of the support area
4. In addition to this analysis UK parliament have said they wont leave the EU without a deal which could rally the pound