Alexander_Harford

GBP/USD 🇬🇧🇺🇸 to decline and bounce from the local level

Short
OANDA:GBPUSD   Livre sterling / Dollar américain
GBP/USD 🇬🇧🇺🇸 is rising in the Upward channel. The price has recently been rejected by the Resistance of the channel and with the following deep decline and bounce from the support. The Stochastic together with Kumo Clouds (that lying below the price) suggest that the pair won't rise above the midline this time. Thus I expect the price to bounce from the local level of 1.33020.

If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.