GBP/USD - The Ascending Triangle
Updated
At the moment, the price is testing an important resistance zone and yesterday, the price hit the highest since 2018 (1.371).
A confirmed break above 1.371, the next targets will be 1.373 and 1.381 (back from 2018).
If you have a different view, please share, I would love to hear your analysis.
A confirmed break above 1.371, the next targets will be 1.373 and 1.381 (back from 2018).
If you have a different view, please share, I would love to hear your analysis.
Trade closed: target reached
1.373 - 1st target reached. At the moment, the price tested the minor support and is moving towards the resistance.
The previous analise is still valid if once again, a confirmed break above 1.371 occurs.
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