GBPUSD- 08Oct2021
GBPUSD bounced to the descending trendline resistance. Will need to monitor closely whether price can close above. If price close above with confirmation, there will be an inverse h&s in play with price target to 1.39030, which is also the recent swing high resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD bounced to the descending trendline resistance. Will need to monitor closely whether price can close above. If price close above with confirmation, there will be an inverse h&s in play with price target to 1.39030, which is also the recent swing high resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.
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.