Dana16

GBP/USD - The Ascending Triangle

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
At the moment, the price is testing an important resistance zone and yesterday, the price hit the highest since 2018 (1.371).

A confirmed break above 1.371, the next targets will be 1.373 and 1.381 (back from 2018).

If you have a different view, please share, I would love to hear your analysis.
Trade closed: target reached: 1.373 - 1st target reached.

At the moment, the price tested the minor support and is moving towards the resistance.

The previous analise is still valid if once again, a confirmed break above 1.371 occurs.

Comments

Good to see an idea with a bias on it.
+1 Reply
Dana16 gremic
Thank you, @gremic!
Reply
I love your bias. thank you for sharing
+1 Reply
Dana16 abel11
@abel11, thank you for the support, appreciate it!
Reply
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