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10 sty 2021 18:21

GBP/USD 1H Falling wedge pattern prediction 

British Pound/U.S. DollarFXCM

Opis

Overall market movement is bullish. Price has broken uptrend movement and entered to my belief a consolidation period which appears to be forming in to a falling wedge pattern. I expect price to interact with downward trend and levels of support until wedge pattern is complete and to then carry upwards in the uptrend hitting my TP which is at 0.51 retracement of initial dip into the wedge pattern.
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