📉GBPUSD pair approached a significant horizontal resistance last week.
The price formed a clear head and shoulders pattern, then rebounded and broke below a strong rising trend line.
This indicates considerable selling strength, suggesting that the market may continue to decline.
The next target is 1.3453.
The price formed a clear head and shoulders pattern, then rebounded and broke below a strong rising trend line.
This indicates considerable selling strength, suggesting that the market may continue to decline.
The next target is 1.3453.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.