It is true that the pound has a 4-year support line under its feet and has climbed whenever the price fell, but I know this support line has been lost for these reasons:
1. Sales power in recent candlesticks.
2. Temporal divergence of the last waves.
3. The weakening of the pound in terms of economic logic.
4. In previous times, whenever the price hit the bottom of the channel, it was able to reach the middle line of the channel, but recently it has not been able to.
1. Sales power in recent candlesticks.
2. Temporal divergence of the last waves.
3. The weakening of the pound in terms of economic logic.
4. In previous times, whenever the price hit the bottom of the channel, it was able to reach the middle line of the channel, but recently it has not been able to.