GBP USD technical analysis and symmetrical triangle pattern

Discussion in 'General Forex Discussion' started by Atthar dewidar, Dec 29, 2017.

  1. Atthar dewidar

    Atthar dewidar Well-Known Member

    GBP USD technical analysis and symmetrical triangle pattern
    Published: Thursday, 28 December 2017 15:29

    Technical analysis and the GBP / USD outlook from Gold Pattern the best forex signals provider
    Best provider of GBPUSD recommendations
    The GBPUSD trend in the near term is sideway for about two weeks as the pair trades between
    The resistance level is at 1.3460 and the level at 1.3300
    During this period the sterling gbpusd formed a symmetrical triangle pattern
    The GBPUSD is now near the 1.3460 resistance level, which is at the same time
    A turining point where we find it above the apex of the symmetrical triangle
    It should also be noted that the price of GBPUSD is now testing the medium term bearish
    trendline for the fourth time
    Which renewed the chances of selling the pair
    Today's technical analysis of the currencies and the expectations of sterling dollars GBPUSD
    Preferably selling the pair as long as the sterling dollar below the important resistance level 1.3460

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