GBPUSD correction to resistance. Next - fall
During the growth in the growing channel, the price came to the resistance line 1.362 (line - 2010).
And now it is in the area of the resistance zone.
The zone is formed by three strong lines of 2018, 2016 and 2010, respectively.
The price touched the zone twice on December 17 and 24.
Could not break through.
However, after the last fall from the line, it did not collapse, but began a correction.
Now I expect the price to work out the correction to the lower line of the 1.362 zone.
Then it will fall to the support line.
The target is 1.328.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
And now it is in the area of the resistance zone.
The zone is formed by three strong lines of 2018, 2016 and 2010, respectively.
The price touched the zone twice on December 17 and 24.
Could not break through.
However, after the last fall from the line, it did not collapse, but began a correction.
Now I expect the price to work out the correction to the lower line of the 1.362 zone.
Then it will fall to the support line.
The target is 1.328.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
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t.me/DeGRAMForex
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