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YertuntsTrader

GBPUSD ! breakout ascending triangle pattern, long trade idea

Long
Sterlina / Dollaro (FX:GBPUSD)  
YertuntsTrader  
FX:GBPUSD   Sterlina / Dollaro
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdlong gbpusdanalysis gbpusdtrade supportandresistancezones Ascending Triangle breakout
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trendanalysis chartpattern indicator gbpusd gbpusdlong gbpusdanalysis gbpusdtrade supportandresistancezones ascendingtriangle breakout
On September 26, GBPUSD drop to making new lower low of 1.03, From what I can see, GBPUSD has formed an ascending triangle pattern and is currently breaking resistance and looks to continue to up. At the moment, it is risky to enter open long trade, It remains to be seen whether GBPUSD will get support at the support line. If it's shows support of course go long entry.

Idee correlate

YertuntsTrader
GBPUSD ! trading in channel, short trade idea.
YertuntsTrader
GBPUSD ! May show growth in the short term long trade idea
YertuntsTrader
GBPUSD ! devaluation is expected to continue.
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