GBPUSD: growth after the completion of the bullish pattern
The price has been moving in an uptrend since March last year. At the same time, another long-term upward movement was formed within the trend - from point 1.265 in September 2020. This growth stopped only in February of this year at the resistance level of 1.424. After that, the price worked out the correction, falling in a wedge. The other day it broke through the pattern at point 1.377, consolidated at the support at 1.373 and now we can expect the price to rise to the resistance level of 1.424.
SL - 1.355.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1.355.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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