FOREXCOM:GBPUSD   Livre sterling / Dollar américain
As I said last time, after reaching the resistance line at 1.327, the price began to fall.
Now we can assume that the price has started to form a movement in a small descending channel.
There have already been at least 4 touches of the channel lines - resistance and support.
Since the price increased very much before entering the channel (from November 3 to November 10, it practically did not make rollbacks).
Now we can assume that the price will fall. I doubt the drop will be sharp.
Moreover, this channel is already visible on the chart.
Therefore, now I expect the price to drop to the support line at 1.304 to begin with.

--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.