Get started
TheTradersAvenue

GBPUSD > A Breakout to The Upside Might Come Soon!!

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
TheTradersAvenue  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Supply and Demand Trend Lines chartpattren chartanalysis harmoincpattern Technical Analysis GBPUSD signalservice Contains image
13
8
supportandresistance supplyanddemand trendline chartpattren chartanalysis harmoincpattern technicalanalysis gbpusd signalservice containsimage
Analysis of #GBPUSD


The GBPUSD is in the beautiful classic consolidation pattern preparing for a breakout, usually, this pattern breaks to the upside.

Right now the market is near trendline resistance, around a key market level near 1.1400 sharp, also the previous structure high.

we can wait to see if the market will actually break and close above this trendline resistance and provide confirmation to get in a trend continuation entry.



Thanks for your continued support!

Related Ideas

TheTradersAvenue
EURAUD > Classic Simple Trendline Buy Setup!!
TheTradersAvenue
EURUSD > Possible Move in The Coming Days
TheTradersAvenue
USDCAD > A Possible Top Here, We Might Move Down!!
TheTradersAvenue
AUDUSD > Bearish Harmonic Bat Pattern!!
TheTradersAvenue
EURUSD > Remains In This Range, Could We Breakout Soon?
TheTradersAvenue
US500 > Could We Rally Here up From Here?
TheTradersAvenue
XAUUSD > Possible Buy Might Come Soon!!
TheTradersAvenue
AUDUSD > Possible Bottoming Here, the Trend May Shift Soon!!
TheTradersAvenue
USDCAD > What to Expect Next!?

Mentions

RLinda
RLinda ! GBPUSD-> The downward break of the TrendLine. Falling?
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.