Anticipating Bullish Breakout in GBP/USD Expanding Channel
The GBP/USD pair has formed an expanding channel, indicating a steady bullish rally following a breakout. Currently, the price has retraced to a significant hourly resistance level. There is anticipation for a potential bullish breakout to occur, which could sustain the upward momentum in the market.
Related publications
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.