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MLRDFO

GBPUSD rise incoming

British Pound / U.S. Dollar (FX:GBPUSD)  
MLRDFO Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
10
5
trendanalysis
I believe that the the support will be able to resist against going any lower.
Comment:
I recently noticed that there's a downwards flag being created
snapshot
. This makes me uncertain about the future predictions of GBPUSD... I will look into it.
Comment:
snapshot
It has been a couple of days since my last update and the price has gone over the resistance. I now believe that the price will "bounce" on the yellow support and go into an uptrend.
Comment:
snapshot
The price did go below the support and I have now plotted a now support.
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