CobraVanguard

GBP/USD chart is speaking it self!!

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.
This month, the resistance level is from 1.31300 to 1.33300 and the dynamic support line is the same as the trend line.
If the price breaks the trend line, the price may fall to the support level of 1.27900 to 1.26500.

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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Trade closed: target reached

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