DeGRAM | GBPUSD testing correction levels
GBPUSD is under the trend lines in a descending channel.
The chart formed a harmonic pattern and returned to the descending channel. The price is still testing several important levels, but is still above the support, which has already acted as a rebound point.
Volumes indicate that the return to the channel occurred with a decrease in market interest, and RSI indicates oversold.
We expect a reversal after the pair consolidates above the upper boundary of the channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The chart formed a harmonic pattern and returned to the descending channel. The price is still testing several important levels, but is still above the support, which has already acted as a rebound point.
Volumes indicate that the return to the channel occurred with a decrease in market interest, and RSI indicates oversold.
We expect a reversal after the pair consolidates above the upper boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +85 PIPS
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.