GBP/USD stong level of resistance
I'm interested to see how price reacts to this strong level of resistance. We see price converging with multiple confluences. I see price reacting to this key level pivoting and completing the weekly wedge A, B, C, D, E pattern to the downside.
Downtrend (M)
Wedge (W)
A, B, C, D, E (W)
Elliott wave
Triple top pattern (D)
Let us know your thoughts, and why?
Downtrend (M)
Wedge (W)
A, B, C, D, E (W)
Elliott wave
Triple top pattern (D)
Let us know your thoughts, and why?
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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.