British Pound / U.S. DollarUpdated

GBPUSD rise incoming

I believe that the the support will be able to resist against going any lower.

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I recently noticed that there's a downwards flag being created

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. This makes me uncertain about the future predictions of GBPUSD... I will look into it.

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It has been a couple of days since my last update and the price has gone over the resistance. I now believe that the price will "bounce" on the yellow support and go into an uptrend.

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The price did go below the support and I have now plotted a now support.

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