DragonCaptain

GBPUSD IDEA UPDATE - CANDLES VS BASELINE CHART

FX:GBPUSD   British Pound / U.S. Dollar
In continuation with the candles chart posted earlier let's have a look at the line chart, "GBPUSD move upward from 1.22486 which has multiple time-proven support, the pair tested and price breakout from 1.2650, now testing again the same level after breaking the channel; is a historical resistance and we can see price can find support again on 1.2420 and 1.2250 levels.

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