GBPUSD has formed the 2nd triangle. However, it's under the pressure at 1.3115, Sterling is likely to go down.
The target is 1.2955.
Turning point: 1.3115.
Under 1.3115, bearish , target price is set at 1.3020, then 1.2955.
Above 1.3115, bullish , target price is 1.3170,then 1.3215.
RSI technical indicators are bearish and have a further downward trend.
Prior Strategy:
The target is 1.2955.
Turning point: 1.3115.
Under 1.3115, bearish , target price is set at 1.3020, then 1.2955.
Above 1.3115, bullish , target price is 1.3170,then 1.3215.
RSI technical indicators are bearish and have a further downward trend.
Prior Strategy:
