GbpUsd - Daily within Weekly
The biggest channel is from Weekly chart. I'm waiting this retracement on Daily chart is being finished with this channel breakout.
After breakout first support area will be 1.4057 and after this 1.3835 - 1.3840 will act as a good support area.
Above the price 1.4460 will be our resistance but trend is down so I think we wont touch that point these days.
Let the market dynamics drive us.
After breakout first support area will be 1.4057 and after this 1.3835 - 1.3840 will act as a good support area.
Above the price 1.4460 will be our resistance but trend is down so I think we wont touch that point these days.
Let the market dynamics drive us.
Note
Channel from Weekly
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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.