GBPUSD exited an important falling channel

1 721
Hello Traders!

GBPUSD exited an important falling channel .
And as you can see on the chart, the price has formed a new growing channel
Now the price is moving to three (!) Support lines and a support level 1.257.
This is a good opportunity to open a long with a target to the resistance line near the resistance level of 1.2777

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.