GBPUSD: Your Detailed Trading Plan For Next Week 🇬🇧🇺🇸

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

OANDA:GBPUSD British Pound / U.S. Dollar

wedgepattern triangle trendline gbpusd usdollar usd dollar forex trading techincalanalysis pound containsimage

GBPUSD is approaching a key daily structure resistance.
The price is currently stuck with a rising wedge pattern.

To catch a bearish move from that, watch a reaction of the price to the support of the wedge.
If the price breaks and closes below that on a daily, a bearish move will be expected
at least to 1.225.

Alternatively, a bullish breakout of the underlined resistance will push the price much higher.

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GBPUSD: Your Detailed Trading Plan For Next Week 🇬🇧🇺🇸

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