💷💵 GBP/USD Breakout from Triangle Before Declines
💷💵 Nearest strong support zone: around fibo level 0.236 of the downward wave.
💷💵 Nearest strong resistance zone: around recent peaks.
💷💵 Technical environment:
📊 Moving averages: 50/50
📊 MACD: Uptrend
📊 RSI: Uptrend (divergence)
📉 The scenario I am playing out is a breakout from the triangle followed by a continuation of declines. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In case of a change in perspective I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.
🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀