Gbpusd Downtrend 27 01 2023
GBPUSD
The price perfectly fulfills my last idea. The price has broken through the ascending channel and pullback to it again. The market is ranging at the resistance zone . Price was rejected from resistance zone multiple times before by forming fakeouts. I look forward to testing resistance zone or range zone and rolling back towards support level from the channel's border at 1.24000. My goal is to support at 1.23150.
The price perfectly fulfills my last idea. The price has broken through the ascending channel and pullback to it again. The market is ranging at the resistance zone . Price was rejected from resistance zone multiple times before by forming fakeouts. I look forward to testing resistance zone or range zone and rolling back towards support level from the channel's border at 1.24000. My goal is to support at 1.23150.
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.