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Golden_Victory

The pound will continue to rise against the US dollar

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Golden_Victory  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
snapshot

GBPUSD GBPUSD has been rebounding from a support level in recent days and
trying to break the price consolidation zone of falling wedge pattern. If the pattern upper line (resistance line) has been broken,
it is likely to reach 1.4350 near the key resistance levels.

The falling wedge pattern is usually a bullish pattern and it can reach the high as pole distance if the pattern breakout.

Therefore, we need to watch whether the pattern breakout will occur next week and determine the entry and exit points for potential trading.

Good Luck !!!
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