DeGRAM

GBPUSD falling in channel

FOREXCOM:GBPUSD   영국 파운드/미국 달러
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
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.