The following chart has multiple color-coded trends that are parallel in nature, showing how the GBP/USD has moved through these approximate pathways since mid-2018 until now.
Given the most recent price action, a test of the upper yellow bearish line could provide resistance for a dive back down to the dotted teal line near new lows.
Either way, the short to medium term seems bearish to me, unless the level near 1.27 can be reached, and new support established, I see further downside to come through the end of the year.
Given the most recent price action, a test of the upper yellow bearish line could provide resistance for a dive back down to the dotted teal line near new lows.
Either way, the short to medium term seems bearish to me, unless the level near 1.27 can be reached, and new support established, I see further downside to come through the end of the year.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。