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dvburn3r

GBPUSD LONG: UPTREND TO TEST OLD 2018 RESISTANCE ?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
dvburn3r Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns amatuer NEWS GBPUSD LONG
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trendanalysis chartpattern amatuer news gbpusd long
GBPUSD hit channel trend swing lows region and has been bullish, price is close to the channel's uptrend line after testing resistance at .38658. i think price will go bearish until .38128 region and regained momentum to go bullish until the top trend channel @ .40450. .38658 was a previous strong resistance region but the bigger picture here is the long lasting resistance since 2018, is it possible that a breakout from this current resistance at .38658 will indicate a possible bullish momentum until the 2018 resistance region? eager to see how this plays out, thoughts welcomed.
Trade active:
.38658 resistance region broken, price nears middle zone's top trend resistance, maybe a retracement to prev res will trigger a long momentum towards yearly res.
Trade active:
Good call?
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