The market is currently assessing the critical resistance at 1.71000 following a breakout from the channel. Notably, the price has successfully breached both resistance and range zones. Anticipating a test of the support level, and potentially the lower border of the descending channel. A probable scenario involves a descent from the resistance zone due to a...
By observing the chart, we can see that the price some days ago started to decline inside the downward channel
This is my Idea on GBPUSD. By observing the chart, we can see that the price some days ago started to decline inside the downward channel