GBPUSD is forming a retest of local downward resistance against the backdrop of a weaker dollar. This could result in a breakout and growth. There are two important targets on the chart that MM is interested in: 1.360 and 1.3682.
The upward trend continues, with the price not updating its lows. As part of the correction, it is forming an intermediate bottom and breaking through local resistance. This is a fairly confident bullish pattern.
The phase of interest rate cuts in the US will only strengthen the growth of GBPUSD.
The upward trend continues, with the price not updating its lows. As part of the correction, it is forming an intermediate bottom and breaking through local resistance. This is a fairly confident bullish pattern.
The phase of interest rate cuts in the US will only strengthen the growth of GBPUSD.
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❤️ Telegram channel: t.me/AndeWave
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.