GBPUSD MAY GET STUCK IN RANGE !!
The GBPUSD has hit a significant resistance after a strong uptrend.
After hitting the resistance, it broke its uptrend line and then after a fall and hitting the support , it broke the downtrend line and with these moves, I expect it stuck in range between the prices of 1.38880 and 1.37300.
However, we must also have the possibility of breaking the resistance, and if this happens, we will see the ascent to a higher goal.
After hitting the resistance, it broke its uptrend line and then after a fall and hitting the support , it broke the downtrend line and with these moves, I expect it stuck in range between the prices of 1.38880 and 1.37300.
However, we must also have the possibility of breaking the resistance, and if this happens, we will see the ascent to a higher goal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.