GBPUSD - which side will the triangle break out? the fight is on
GBPUSD is in a downtrend and is making new lows. It has found support and painted a triangle. the question is; which side will the triangle break out. Based on weak dollar and monthly support that GBP is currently sitting on, it could be the up side but we'll see.
Trade active with a tight SL just below the lower line of the triangle. entry: 1.21450
Trade active with a tight SL just below the lower line of the triangle. entry: 1.21450
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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.