GBPUSD Failed Upside Move & Possible Range Bound Market
It's no surprise, GbpUsd could not break the Resistance/Support made from December to March's previous price action encounter.
Now we have an epic failed upside breakout and the pair has already broken the previous lows of last week and has already retested that area.
We are now waiting to see if price can successfully break the trendline and continue towards the downside. Stay tuned.
Now we have an epic failed upside breakout and the pair has already broken the previous lows of last week and has already retested that area.
We are now waiting to see if price can successfully break the trendline and continue towards the downside. Stay tuned.
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.