GBPUSD fall from strong resistance
The price is stuck in a strong resistance zone.
In the course of growth in the growing channel (began to form in 2016). The price came to a strong resistance line.
This line has been on the chart since 2010.
+ the upper channel line (resistance line) immediately crosses it.
Now the price is in the resistance zone 1.371.
And also at the upper border of the growing channel.
I expect the price to fall from this zone towards the support line (lower channel line).
The goal is 1.277.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
In the course of growth in the growing channel (began to form in 2016). The price came to a strong resistance line.
This line has been on the chart since 2010.
+ the upper channel line (resistance line) immediately crosses it.
Now the price is in the resistance zone 1.371.
And also at the upper border of the growing channel.
I expect the price to fall from this zone towards the support line (lower channel line).
The goal is 1.277.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
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.