GBPUSD is in an ascending channel above the trend lines.
The price is moving from the lower boundary of the channel, broke the upper trend line and is holding above the 62% retracement level.
The move above the $1.25 level was a strong argument to continue the upside and break the local downtrend structure.
We expect that after holding above the 62% retracement level, the chart will continue to rise towards $1.28, but it will be important to watch the pair's reaction to the upper channel boundary.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
The price is moving from the lower boundary of the channel, broke the upper trend line and is holding above the 62% retracement level.
The move above the $1.25 level was a strong argument to continue the upside and break the local downtrend structure.
We expect that after holding above the 62% retracement level, the chart will continue to rise towards $1.28, but it will be important to watch the pair's reaction to the upper channel boundary.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
İşlem kapandı: hedefe ulaştı
Closed +236 PIPS
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.