⚠️ GBPUSD channel breakout / Growth

2021年5月10日

In March of this year, the price began to rise in the channel.
During the growth, it managed to break through the strong support at 1.390.
This is the December 2018 line.
And then the support zone is at 1.401.
I expect fixation at the support zone and continued growth towards resistance.
The main reasons for this are:
1 - breakout and growth from the support of 1.390 (December 2018).
2 - breakdown of the support zone 1.401 (channel line March 2021
+ support level )
The price will consolidate in the support zone of 1.402 and continue to grow.
The target is 1.409.

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