orvilleawright

GBPUSD (Daily) price broke the low of the trading range

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
On the GBPUSD             (Daily) chart, price has broken through the low of a trading range. It is also at the low of a down channel . Until there is a clear breakout from the range, I am looking for range rotation. Hence I am expecting price to return to the top of the range. Note that since the sharp move down (resulting from the Brexit vote) the 38.2% retracement has not been tested. This is close to the top of the range.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out