CobraVanguard

GBP/USD in the ascending triangle!!

FX:GBPUSD   British Pound / U.S. Dollar
Greetings!

British Pound / U.S. Dollar
As you can see in the chart, an ascending triangle pattern is forming, which if completed, could be a good thing for raising price.
the resistance level is from 1.31900 to 1.33300 and the dynamic support line is the same as the trend line .
support level of 1.30000 to 1.28500.
chart is speaking it self!!

chart is speaking it self!!
Remember that Trend is our friend and we have to hold his hand and go with it.

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Have a nice day and Good luck.
Comment:
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