GBPUSD-Will The Break of Trendline make the GBP finally prevail?
Hi,
Based on the 4H Chart, there is a downtrend line in the midst of breaking. If there is a break, the chance of GBPUSD of going is high.
Regardless of the cause of effect, USD has been weakening since the report of inflation this week. Lets wait and see whether the move continues.
Happy Trading!
Based on the 4H Chart, there is a downtrend line in the midst of breaking. If there is a break, the chance of GBPUSD of going is high.
Regardless of the cause of effect, USD has been weakening since the report of inflation this week. Lets wait and see whether the move continues.
Happy Trading!
Trade closed: target reached
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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.