RLinda

GBPUSD ! Rebound from resistance. Keep on falling

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RLinda Uppdaterad   
FX:GBPUSD   Brittiska pund/Amerikanska dollar
GBPUSD breaks the downtrend by breaking through the support of the price channel, after a strong fall, the price forms a side range between the levels of 1.2595 and 1.226. A false breakdown of the lower border of the range was made and the price is testing the resistance of 1.2485. It was not possible to break through the resistance and the price begins to consolidate below the level.

I expect the GBPUSD to fall after the price fixes below the level of 1.2485. I'm interested in the support at 1.2326 and in the medium term the support at 1.226

Sincerely, R. Linda!
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