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GBP/USD Can Break The Resistance Line Of The Channel And Rise - Nairaland General - Nairaland

Nairaland ForumNairaland GeneralGBP/USD Can Break The Resistance Line Of The Channel And Rise (217 Views)

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GBP/USD Can Break The Resistance Line Of The Channel And Rise by Fisher85tow(op): 5:52am On Dec 04, 2022
Please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the GBP/USD chart.

On the chart, we can see how the price formed an upward channel.

The price can form an upward impulse and break through the resistance line.

I expect that after a possible breakdown of the resistance line, the price can continue to rise.

In this case, after the weekend, the price can continue to grow.

Therefore, I set the target at level 1.2500.

This is my opinion, I really hope it will be useful for you.

Re: GBP/USD Can Break The Resistance Line Of The Channel And Rise by okosodo: 6:27am On Dec 04, 2022
Forex is for the faint hearted. After 25 in the game I still get shocked at times. Check forexfacory.com/okosodo for some cool inspiration
Re: GBP/USD Can Break The Resistance Line Of The Channel And Rise by VeeVeeMyLuv(f): 6:43am On Dec 04, 2022
Is it the new pm that making the pound to rebound like this?
Re: GBP/USD Can Break The Resistance Line Of The Channel And Rise by FORHII: 6:48am On Dec 04, 2022
Fisher85tow:
Please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the GBP/USD chart.

On the chart, we can see how the price formed an upward channel.

The price can form an upward impulse and break through the resistance line.

I expect that after a possible breakdown of the resistance line, the price can continue to rise.

In this case, after the weekend, the price can continue to grow.

Therefore, I set the target at level 1.2500.

This is my opinion, I really hope it will be useful for you.
My own point of view is a little bit different from yours.

1 Reply

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