GBPUSD In a strong downtrend
A week ago, the price came to the intersection of strong resistance lines and began to fall.
By the end of the week, it fell to the lower border of the ascending channel.
And then broke it and fell below the resistance line
The daily TF shows that since 2016 the price has been moving in a large upward channel.
And now she has returned to its borders again.
The price had broken through the resistance line.
I expect it to continue to fall. Target - support line 1.272
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
By the end of the week, it fell to the lower border of the ascending channel.
And then broke it and fell below the resistance line
The daily TF shows that since 2016 the price has been moving in a large upward channel.
And now she has returned to its borders again.
The price had broken through the resistance line.
I expect it to continue to fall. Target - support line 1.272
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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