The price has formed Head and shoulders pattern on H1 chart and it forms exactly at resistance level.
The price has also been moving upwards in a rising wedge chart pattern which is a bearish continuation chart pattern.
I expect the GBPUSD to drop up to the target level which is at 50 Fibonacci level .
If you like this idea, kindly like, comment and share. Thanks.
Disclaimer: Do your own analysis before taking any considerable action.
The price has also been moving upwards in a rising wedge chart pattern which is a bearish continuation chart pattern.
I expect the GBPUSD to drop up to the target level which is at 50 Fibonacci level .
If you like this idea, kindly like, comment and share. Thanks.
Disclaimer: Do your own analysis before taking any considerable action.