📉 USD/GBP DESCENDING CHANNEL ANALYSIS 📉
🔥 Price Action Update: USD/GBP has been respecting the descending channel and is now touching the channel from the downside. The price hasn’t broken out yet and seems ready for a pullback!
📍 Entry Level: 0.77060
🎯 Technical Targets:
✅ 1st Target: 0.78340
✅ 2nd Target: 0.79515
⚠️ Key Resistance Level: 0.81590
🕰 H Time Frame Analysis suggests a potential bounce from the lower boundary of the channel. Watch for confirmation before entering!
📊 Trade Wisely & Manage Risk!
💬 Like, Follow & Comment Your Thoughts! 🚀🔥
🔥 Price Action Update: USD/GBP has been respecting the descending channel and is now touching the channel from the downside. The price hasn’t broken out yet and seems ready for a pullback!
📍 Entry Level: 0.77060
🎯 Technical Targets:
✅ 1st Target: 0.78340
✅ 2nd Target: 0.79515
⚠️ Key Resistance Level: 0.81590
🕰 H Time Frame Analysis suggests a potential bounce from the lower boundary of the channel. Watch for confirmation before entering!
📊 Trade Wisely & Manage Risk!
💬 Like, Follow & Comment Your Thoughts! 🚀🔥
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.
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.