GBPUSD is trading in an ascending triangle pattern. It is now at the very support level of the ascending triangle pattern. One can initiate a long trend on pair with a stop loss just below the support line of the ascending triangle . But, if it breaks the ascending triangle pattern on the downside, we might see a fresh downside in GBPUSD , as it is also forming a minor head and shoulder pattern within the ascending triangle pattern.
If You Like Idea Do Follow/Comment/Like For More Quick Update As Time Is Money.
Note – Trade With Proper Risk Management System
Thanks
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
