GBPUSD going down just a little bit then rise a lot
GBPUSD going down just a little bit then rise a lot.
Now let me explain my chart.
1. Pink bearish trend line gor broke througn and retraced to the pink arrow, where this pair got supported and fly with the driving of some news I guess.
2. Then, this pair has run into a new bullish channel as shown in black lines. For now, the two intensive levels below are 1.55850-1.55620.
So, I think this pair will go down a little bit to the intensive zone, then rise up in the follow several days.
Now let me explain my chart.
1. Pink bearish trend line gor broke througn and retraced to the pink arrow, where this pair got supported and fly with the driving of some news I guess.
2. Then, this pair has run into a new bullish channel as shown in black lines. For now, the two intensive levels below are 1.55850-1.55620.
So, I think this pair will go down a little bit to the intensive zone, then rise up in the follow several days.