GBPUSD: Will the price have enough strong to break the level?
Since October last year, the price has been moving in a growing channel. However, this week it came to the resistance at 1.419, which is also the border of the channel, and after touching this point, it collapsed. Now we can expect the price to leave the channel, break through its lower border and come to the price level 1.368.
SL - 1.400.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1.400.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.