Analysis of #GBPUSD
The GBPUSD is in the beautiful classic consolidation pattern preparing for a breakout, usually, this pattern breaks to the upside.
Right now the market is near trendline resistance, around a key market level near 1.1400 sharp, also the previous structure high.
we can wait to see if the market will actually break and close above this trendline resistance and provide confirmation to get in a trend continuation entry.
Thanks for your continued support!
The GBPUSD is in the beautiful classic consolidation pattern preparing for a breakout, usually, this pattern breaks to the upside.
Right now the market is near trendline resistance, around a key market level near 1.1400 sharp, also the previous structure high.
we can wait to see if the market will actually break and close above this trendline resistance and provide confirmation to get in a trend continuation entry.
Thanks for your continued support!
