yazdani_mm

What is the future of the pound supposed to be like ??

FX:GBPUSD   British Pound / U.S. Dollar
In the GBPUSD currency pair we see a great opportunity to enter the trade. The price has now entered the Andrews fork channels and leaving the fork can be a sign of a change in trend, provided that it creates a few candles outside the fork. Therefore, if the price comes out of the clutches of Andrews and breaks the price of 1.35817, we expect this price reduction to continue to 1.35214. But if the price increases, the possibility of wavy movement between the channels of Andrews fork will increase. I expect the price of the putty to rise above the 161% Fibonacci line at 1.38556 if the putty price moves out of the red resistance range between 1.37015 and 1.37528.

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