GBP Broke Triangulation Pattern Up
GBPUSD broke up the resistance trendline of a triangulation pattern, breaking also through the Pivot R1 and Camarilla's H4 Long Breakout Level.
Although I delayed to publish this analysis, I expect it to extend it's gains befor a small pullback, aiming for the 1.5700 resistance zone.
Note that arround there is a channel parallel border (blue dotted) on it's way, so we'd better pay attention to that level as a good resistance against our trades.
Although I delayed to publish this analysis, I expect it to extend it's gains befor a small pullback, aiming for the 1.5700 resistance zone.
Note that arround there is a channel parallel border (blue dotted) on it's way, so we'd better pay attention to that level as a good resistance against our trades.
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