After retest, price will go down in British Pound
Hello my friends, today I want to talk with you about GBP.
I made a few conclusions about GBP/USD.
Price moved in the upward channel to the resistance level and it had a chance to breakout of him.
But happened breakout upward channel.
Even was be retest and now I think that movement will go down.
I set two targets: $1.11800, and $1.10800 because I think that price will go lower and break a support area.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
I made a few conclusions about GBP/USD.
Price moved in the upward channel to the resistance level and it had a chance to breakout of him.
But happened breakout upward channel.
Even was be retest and now I think that movement will go down.
I set two targets: $1.11800, and $1.10800 because I think that price will go lower and break a support area.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Penafian
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