GBPUSD is exiting the descending channel upwards, thereby showing us that the channel boundary is being broken through. There is a strong level of 1.21615 on the chart, price is trading above it at the moment.
From the local low, 1.17650, the price went up, making a local uptrend channel, which is trying to show a bullish potential of the market.
I assume, if the price can consolidate above the support zone and above 1.21615, there are all chances to see the growth up to the short term target 1.23310.
Regards R.Linda!
From the local low, 1.17650, the price went up, making a local uptrend channel, which is trying to show a bullish potential of the market.
I assume, if the price can consolidate above the support zone and above 1.21615, there are all chances to see the growth up to the short term target 1.23310.
Regards R.Linda!
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🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.