GBPUSD falling in channel
Last time I said that the price will rise in the channel - and this is what happened.
The price bounced off the support line and rose to the resistance line without serious drawdowns.
At the same time, it broke through one of the opposite resistance lines (at the intersection with the channel border).
It touched the channel line and fell over both resistance lines again.
Thus, she returned to the channel.
I expect the price to continue moving in it.
The next price step is a fall((possibly with corrections to the nearest resistance line).
I expect a target - a support line.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price bounced off the support line and rose to the resistance line without serious drawdowns.
At the same time, it broke through one of the opposite resistance lines (at the intersection with the channel border).
It touched the channel line and fell over both resistance lines again.
Thus, she returned to the channel.
I expect the price to continue moving in it.
The next price step is a fall((possibly with corrections to the nearest resistance line).
I expect a target - a support line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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