GBPUSD BREAKOUT LOOMING
Updated
Price action suggesting that theres still enough movement to the upside confirmed with the moving averages.
Waiting for a clear opportunity to enter the market as a breakout is just a matter of days away, all the signs are suggesting its eminent.
Monthly trend line acting as resistance along with the bounce above the 50% fib level.
Waiting for a clear opportunity to enter the market as a breakout is just a matter of days away, all the signs are suggesting its eminent.
Monthly trend line acting as resistance along with the bounce above the 50% fib level.
Note
Breakout to the downside has occured. Waiting to see what happens in tomorrows open.Note
Downtrend continuation confirmed.
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.