GBPUSD close to support structure, growth expected
GBPUSD
price is close to support/resistance structure, and price is forming a wedge like structure, after a breakout if price holds above the structure, I expect the price to move higher towards next resistance.
In case, If price breaks and close below the support structure, then the bias will turn from bullish to bearish .
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
price is close to support/resistance structure, and price is forming a wedge like structure, after a breakout if price holds above the structure, I expect the price to move higher towards next resistance.
In case, If price breaks and close below the support structure, then the bias will turn from bullish to bearish .
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.