GBPUSD: correction in relation to growth and new growth
During the uptrend in the main uptrend, the price bounced off the rebound at 1.425 and fell. Taking into account the price movement and the presence of a previous growing movement, we can say that the fall took place in the falling wedge pattern. After breaking through the line of pattern 1379 and fixing at point 1.372, the price continued to rise. It has already worked out a slight correction in the area of 1.401 and now we can expect that the price will continue to grow and come to the resistance at 1.418.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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