GBPUSD - Descending channel and major key level
Market Instrument: GBPUSD
Timeframe: Daily
Analysis: Technical
Structure: Descending Channel, Key level and Lower boundary
Prediction: Bullish
GBPUSD is on a major key level and is also respecting the descending channel on the lower boundary. Hope this bullish reversal expected will be supporting for a breakout to form on this following channel and to continue the rally way to the upside crossing close or above 1.42
Timeframe: Daily
Analysis: Technical
Structure: Descending Channel, Key level and Lower boundary
Prediction: Bullish
GBPUSD is on a major key level and is also respecting the descending channel on the lower boundary. Hope this bullish reversal expected will be supporting for a breakout to form on this following channel and to continue the rally way to the upside crossing close or above 1.42
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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.