๐Ÿ‡ฌ๐Ÿ‡ง GBPUSD ๐Ÿ‡บ๐Ÿ‡ธ - Consolidation above support. Waiting for grow

ืžืขื•ื“ื›ืŸ
GBPUSD could continue to strengthen on trend as the market is increasingly expecting a weaker dollar. The price of the currency pair is forming above the support line after a false breakdown, which could potentially form a continuation of the upward trend

Prerequisites for further growth:

1) Retest of trend support forms consolidation
2) False breakdown of support
3) Price tests local levels from above, which prepares the market for further growth
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
Bounce off support
Waiting for a break of 1.277 and 1.279
Chart PatternsForexGBPUSDTechnical IndicatorssignalsSupport and ResistancetradingTrend Analysis

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