GBPUSD

2020년 7월 21일

Again on the daily chart prices looks to be in range but there is evidence of HL with price hitting major resistance at the 1.27 level. This has resulted in a ascending triangle being formed and if look at price action closer there could be a double bottom formation that has formed. Fundamentally the previous yearly low was mainly due to the corona virus pandemic w/ news of the vaccine this could help push the uptrend continuation .