GBPUSD-Weekly Market Analysis-Nov20,Wk4

Long

Livre sterling / Dollar américain (FX:GBPUSD)

FX:GBPUSD Livre sterling / Dollar américain

triangle candlestick trendline askforex100 gbpusd ascendingtriangle candlestickanalysis breakouttrade trendtrading bearishshark

Ascending Triangle on the GBPUSD 4-hourly chart shows a potential breakout trade towards the upside. If that happens then the bearish shark pattern might not settle at Point D.

I'm waiting for a buying opportunity on a retest of the trendline of the ascending triangle.

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