GBPUSD is printing a descending triangle pattern.
Price is testing the triangle's inclined resistance.
Possible price actions are indicated on the chart.
Bullish ⬆️ - breakout above the descending triangle's inclined resistance.
Bearish ⬇️ - breakdown below the minor ascending trendline support.
Price is testing the triangle's inclined resistance.
Possible price actions are indicated on the chart.
Bullish ⬆️ - breakout above the descending triangle's inclined resistance.
Bearish ⬇️ - breakdown below the minor ascending trendline support.
