GBP USD analysis
The Daily timeframe of the GBP USD is shown in this analysis with price action from ~ October 11, 2018 to current date captured using a bullish channel.
Extremes used to identify the width of the channel are ~1.38343 and 1.19602.
Chart patterns nesting inside of one another are a common occurrence, and so it is in this case where a smaller bullish channel (tentative) identified with blue lines commenced from August 16, 2018 to Friday close (October 19,2018).
A break below ~1.27735 and especially below support in this region could result in a selloff of the GBP USD.
The minimum price expectation following price exiting the upside of the smaller channel at ~1.35761 is the upper limit of the channel at ~1.46537.
Extremes used to identify the width of the channel are ~1.38343 and 1.19602.
Chart patterns nesting inside of one another are a common occurrence, and so it is in this case where a smaller bullish channel (tentative) identified with blue lines commenced from August 16, 2018 to Friday close (October 19,2018).
A break below ~1.27735 and especially below support in this region could result in a selloff of the GBP USD.
The minimum price expectation following price exiting the upside of the smaller channel at ~1.35761 is the upper limit of the channel at ~1.46537.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.