GBPUSD nearing Strong resistance level before falling downwards.

FX:GBPUSD   British Pound / U.S. Dollar
The price is making a very sharp move towards last years resistance forming a "Rising Wedge". My prediction is it will test the resistance before falling down. Take profit at the first level where the wedge trend line is formed. This is valid in all the hourly time frames, might be a long term short position.
GBPUSD D1 Running flat for more downside. Checkout the idea detail's and update's for the complete picture.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out