Gbp/Usd Market outlook
Context:
price continous its rallie, by breaking a resistance level @5550 , the market is showing signs of strenght
since it found support and broke the Major supplyline , if price remains in its current rallie mode
we will test @58700 , a correction to test broken resistance yet again may be a chance to get in on a pullback
signs of strenght:
strong rallie
increased momentum
broken resistance
signs of weakness:
none
price continous its rallie, by breaking a resistance level @5550 , the market is showing signs of strenght
since it found support and broke the Major supplyline , if price remains in its current rallie mode
we will test @58700 , a correction to test broken resistance yet again may be a chance to get in on a pullback
signs of strenght:
strong rallie
increased momentum
broken resistance
signs of weakness:
none
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.