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GBPUSD: Pullback From Key Support
British Pound / U.S. Dollar
Long
GBPUSD: Pullback From Key Support
By linofx1
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Dec 16
1
3
7
7
Dec 16
There is a strong likelihood that 📈GBPUSD will retrace from an important horizontal level seen on the daily and intraday charts.
After testing this level, I spotted solid confirmation through a double bottom formation and a breakout of its neckline.
I anticipate a bullish movement targeting at least 1.2664.
Candlestick Analysis
Double Top or Bottom
Support and Resistance
linofx1
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