GBPUSD Update
Bearish channel resistance failed to hold
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Prices have broken out of the top of the channel
+
Black support polarization failed
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The pull back did not work and the rising support remains rising support
+
A bullish channel (green) has taken over
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Bullish bounce on support more likely than bearish continuation
Case to follow ...
Bearish channel resistance failed to hold
=
Prices have broken out of the top of the channel
+
Black support polarization failed
=
The pull back did not work and the rising support remains rising support
+
A bullish channel (green) has taken over
=
Bullish bounce on support more likely than bearish continuation
Case to follow ...
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Scénario invalidated