GBPUSD: growth after pattern formation
Moving in an uptrend at the end of February, the price came to the resistance of 1.425. Then it turned around in fall. In the course of this decline, a descending wedge pattern was formed, continuing the original trend. The price has already completed the pattern, broke through its upper border and consolidated at the point 1.373, so further we can expect the start of a new growth to the resistance at 1.424.
Remember, there is no place for luck in trading - only strategy!
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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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