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Will GBPUSD surge from this corrective wave?

Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdanalysis gbpusdsignal gbpusdidea freeforexsignals freeforextips freecurrencytips gbpusdtrend
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GBP/USD has started falling since September. It's taking potential reversal from descending resistance trendline. Currently, this pair is into the descending triangle pattern. That's a consolidation area. Hence, we may see continue the sideways movement here.

Breakdown of descending triangle or hurdle indicating sell confirmation. That means GBPUSD will pushback to 1.2726 & 1.2676 levels.

And upper breakout will hard-hit on the current trend. It will fly till the 1.3020 to 1.3160 target prices.

The day traders can keep buying/selling between the consolidation area but get ready for the above targets after a breakout of the descending triangle pattern.
Dagangan ditutup: sasaran tercapai:
All target of GBP/USD has reached.
Pips 160+
Penafian

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