DeGRAM | GBPUSD rebound in the channel
Updated
GBPUSD is moving in a descending channel between the trend lines.
The chart maintains a descending structure, but after reaching the lower boundary of the channel, it formed a harmonic pattern.
The price has already consolidated above the dynamic support, which has already acted as a rebound point.
We expect a continuation of the rebound into 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 maintains a descending structure, but after reaching the lower boundary of the channel, it formed a harmonic pattern.
The price has already consolidated above the dynamic support, which has already acted as a rebound point.
We expect a continuation of the rebound into the channel
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
+73 PIPS after reaching the upper trend line
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