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KlejdiCuni

GBPUSD: Falling Wedge Pattern

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
KlejdiCuni Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
104
32
trendanalysis chartpattern waveanalysis
From the previous analysis, the price completed a reversal "falling wedge pattern".
Now we can see that the price broke out of the pattern and this is actually increasing our chances for bullish momentum.
The price is now above 1.3250 as we expected.

Targets:
1.3367
1.3500

Thank you and Good Luck!

Previous analysis:
GBPUSD: Reversal Pattern Is Almost Completed
Trade closed: target reached:
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