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WalterMoon
Mar 15, 2023 12:18 PM

GBPUSD - Price can break support line and fall to $1.1920 level Short

British Pound/U.S. DollarFXCM

Description

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Hi guys, this is my overview for GBPUSD , feel free to check it and write your feedback in commentsđź‘Š

After rising channel price started moving inside from flat.

Later, British Pound broke support level , left flat, and declined to $1.1965 level.

Then price bounced up from support to resistance lines and started falling.

Also, price fell below $1.1920 level, but at once backed up, bounced up of support line, and broke resistance line.

At the moment price trades close to support line and British Pound can soon break line.

As well possibly price make retest and continue to decline to $1.1920 level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Comments
basictradingtv
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supportive as always, thanks!
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