rishililawat5

GBP/USD Trading in Ascending Wedges.

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello traders, GBP/USD is trading at 1.3673. The price is trading in upward resistance and support channel and can continue the same trend. As the impact of FED interest rate is fading and the pair has already touched its support level , it can rebound back from here to continue trading in upward resistance and support channel. The price can touch its resistance level at 0.3774 after rebounding from support level .

Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.

Do follow us for future Forex trend analysis and Ideas.

Thank you,

Rishikesh Lilawat

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out