GBP / USD reached 61.8% at Fibonacci levels, support on the downtrend line,
and shows a consolidation between the points of 1.24819 and 1.21287, forming a lateralize channel.
If there's a break in this support 1.21287, opening of the SELL order, conservative traders, can wait for the pull back of this breakout.
If this weak support 1.24819 breaks, opening the BUY order, conservative traders can wait for a possible pull back before opening the order.
Analysis shows a percentage of 70% for sale next week.
Let me know about your comment and ideas about this analysis and follow me.
and shows a consolidation between the points of 1.24819 and 1.21287, forming a lateralize channel.
If there's a break in this support 1.21287, opening of the SELL order, conservative traders, can wait for the pull back of this breakout.
If this weak support 1.24819 breaks, opening the BUY order, conservative traders can wait for a possible pull back before opening the order.
Analysis shows a percentage of 70% for sale next week.
Let me know about your comment and ideas about this analysis and follow me.