Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in commentsđź‘Š
When price entered to rising channel, it soon reached $1.2650 level, which coincided with support area and broke it.
After this, GBP rose a little more, made correction, and then bounced up to resistance level, but at once bounced down.
Later, price rose to resistance line, thereby breaking $1.2760 level, but soon it turned around and made downward impulse.
British Pound broke $1.2760 level one more time, exited from channel, and even fell below support level to support line.
But a not long time ago price bounced from this line and rose to resistance line, breaking support level again.
Now I think GBP can little decline and then bounce up to $1.2760, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price entered to rising channel, it soon reached $1.2650 level, which coincided with support area and broke it.
After this, GBP rose a little more, made correction, and then bounced up to resistance level, but at once bounced down.
Later, price rose to resistance line, thereby breaking $1.2760 level, but soon it turned around and made downward impulse.
British Pound broke $1.2760 level one more time, exited from channel, and even fell below support level to support line.
But a not long time ago price bounced from this line and rose to resistance line, breaking support level again.
Now I think GBP can little decline and then bounce up to $1.2760, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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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.