WalterMoon

GBPUSD - Price can leave pennant and rise to resistance level

Panjang
FX:GBPUSD   Paun British / Dolar A.S.
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊

A not long time ago price bounced from $1.2545 point to support line, which is located below support area.

But soon British Pound rolled up and made strong upward impulse higher of resistance area, which coincided with resistance level.

Thereby price broke two levels, but later, it made correction below resistance level and then bounced up again to resistance line.

Also, price formed pennant pattern, in which British Pound declined to current support level, which coincide with support line.

Recently price bounced up and now trades very close resistance line, and I think British Pound can fall a little.

Then price can bounce up to 1.2775 resistance level, exiting from pennant.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.