GBP/USD
Hello everybody!
-On this pair I posted yesterday an analysis about this pair and i said that we should wait for retest (yellow line,double top resistance line on 1 day chart) but the price went strong bearish and all I want to do is wait to see will it retest on support line(blue line) for more conformation.
-On daily base USD is stronger than GBP and on weekly base USD is still stronger,...At this moment GBP is very very weak.So the price may continue in bearish direction.
-We can also wait for news to see what is going to happen in the future.
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
PS,I wrote ascending channel instead ascending triangle,sorry for that :)
-On this pair I posted yesterday an analysis about this pair and i said that we should wait for retest (yellow line,double top resistance line on 1 day chart) but the price went strong bearish and all I want to do is wait to see will it retest on support line(blue line) for more conformation.
-On daily base USD is stronger than GBP and on weekly base USD is still stronger,...At this moment GBP is very very weak.So the price may continue in bearish direction.
-We can also wait for news to see what is going to happen in the future.
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
PS,I wrote ascending channel instead ascending triangle,sorry for that :)
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